10 May 2019 — The cloud of uncertainty that hovered over stakeholders in the power sector was lifted by the Supreme Court (SC) decision on the competitive procurement of power supply by distribution utilities, mainly for residential ratepayers, last May 3. The aims and expected results of that decision are to […]
(Posted on Early Edition on ANC, April 16, 2019) ICSC senior policy advisor Atty. Pete Maniego tells Michelle Ong about the economic benefits of transitioning from coal to renewable energy and from centralized to distributed generation systems in today’s Early Edition on ANC.
MANILA, 12 December 2017 — The bicameral conference committee agreed yesterday to increase the coal excise tax under the Tax Reform for Acceleration and Inclusion (TRAIN) bill, from its current rate of ten pesos (P10) per metric ton to P50 up to P150 per metric ton over the next three years.
Reacting to the development, Red Constantino, […]
MANILA, 5 December 2017 – The Institute for Climate and Sustainable Cities (ICSC) today called on Congress to adopt the former’s proposed coal tax hike of P0.10 per kilogram in the bicameral conference committee for the tax reform bill.
The Senate and House of Representatives are expected to tackle today the increase in the excise tax on […]
MANILA, 12 October 2017 – The Philippine’s financial sector is massively exposed to the imminent stranding of proposed coal plants in the country, which amount to over 10,000 megawatts or US$21 billion (PHP1.05 trillion at PHP50 to US$1), according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA) […]