Envoy calls for policy change in renewable energy sector to create 50K jobs

MANILA, Philippines — Some 50,000 “good-paying” jobs may be available if the Philippines successfully develops its renewable energy sector, but this may require allowing foreign companies to own a majority of the stake. In his meeting with President-elect Ferdinand “Bongbong” Marcos Jr., Norway Ambassador to the Philippines Bjorn Jahnsen cited a World Bank study as he talked about the opportunities for developing the renewable energy sector in the Philippines. If the Philippines successfully develops the sector, Jahnsen, still citing the World Bank study, said some 50,000 “good-paying” jobs may be created in the country. However, the diplomat said this may need an adjustment in the country’s current policies. “The World Bank talks about up to 50,000 jobs, good-paying jobs for Filipinos if you are successful in developing this new sector,” Jahnsen said in a press briefing following his courtesy call on Marcos. “That requires some adjustments and policies on the Filipino side. For instance, foreign companies should be able to own a majority of the equity in these types of investments as they often are investments with several billions of dollars and foreign investors would like to have a certainty of having a majority stake in their investment,” he added. According to Jahnsen, renewable energy sources such as offshore wind “is a great opportunity for the Philippines for a plentiful supply of energy.” “As you know, the country is growing in economy, and energy consumption is increasing so offshore wind is really one of your best bets for the future,” Jahnsen said.

Comments

Post a Comment

Popular posts from this blog

POPCOM, gagamit ng ‘digital platforms’ para pagtibayin ang mga ugnayang pampamilya

Mas pinalalawig ng Komisyon sa Populasyon at Pagpapaunlad (POPCOM) ang adhikain nitong pagpapalaganap at pagpapabuti ng pakikipag-ugnayan ng mga nakakatandang Pilipino sa kanilang mga anak na nagdadalaga at nagbibinata. Nitong Setyembre 21, ang POPCOM ay nagsagawa ng isang “parent-teen talk webinar” gamit ang Zoom, kung saan ang isang “interactive program” ang nagbigay ng naaayon na kaalaman at kasanayan sa mga magulang, habang tumulong ito sa mga anak na teenager na maabot ang kanilang buong potensyal. Hinikayat din nito ang mga nanay at tatay na sumali sa malayang usapan, lalo na sa mga usapin ukol sa sex at sekswalidad, na nakikitang makakatulong upang bumaba ang mga bilang ng mga pagbubuntis sa hanay ng mga kabataan. Maaaring mapanood ang webinar sa https://youtu.be/lZ9jrJCjYas. Ayon kay Ikalawang Kalihim (Undersecretary) Juan Antonio A. Perez III, MD, MPH, “ang webinar ay naging isang tagapag-simula at ‘padaluyan’ ng pag-uu
Read more

UP Diliman Professors Share Scientists’ Procurement Struggles at Senate Hearing

By Harvey Sapigao Senate hearing of the revised procurement law (Photo credit: Senate of the Philippines) College of Science (CS) Dean Giovanni Tapang held up a little white device as he finished his presentation. “This is a ₱150,000 component,” he described. “Isa lang gumagawa nito sa buong mundo, pero ang hirap pilitin sila na magregister sa PhilGEPS,” he continued, referring to the requirement that foreign companies must first register to the Philippine Government Electronic Procurement System (PhilGEPS) before they can sell products to local scientists. Marine Science Institute (MSI) Deputy Director Dr. Irene Rodriguez explained that the small device is a resin that filters metals in water. “May budget tayo,” she said, “pero ang problema ko ay ‘yung resin na ito.” This and other bottlenecks brought about by the procurement law, or the Government Procurement Reform Act (RA 9184), slow down research and development in the country. UPD leaders were invited to the Senate he
Read more

Gaza war rages into fourth month as Blinken tours Middle East Adel Zaanoun with Ilan Ben Zion in Jerusalem, --- Agence France-Presse

The Israel-Hamas war raging in Gaza entered its fourth month on Sunday as the army again pounded the besieged Palestinian territory and US top diplomat Antony Blinken was back in the region seeking to avoid a wider escalation. Israeli airstrikes overnight and early Sunday killed at least 64 people in the Hamas-run Palestinian territory, said its health ministry. It said two journalists were killed when their car was struck. The ministry, medics, and witnesses identified them as Mustafa Thuria, a video stringer for Agence France-Presse, and Hamza Wael Dahdouh, the son of Al Jazeera's bureau chief in Gaza who earlier lost his wife and two other children in an Israeli strike. Israeli bombardment also claimed other civilian lives in the southern city of Khan Yunis and in the Rafah area near the Egyptian border, where many of the territory's displaced people have sought refuge, AFP correspondents reported. Relatives were mourning the dead at Khan Yunis' European Hospital, am
Read more