Sara Jane Ahmed Note: This commentary originally appeared in Business World. The rapid drop in the cost of renewable energy has opened new possibilities in energy systems around the world, including the Philippines. Coal has become toxic, both in terms of its high cost to consumers and the negative financial consequences for banks and investors. In India, China, Malaysia, and, most recently, Vietnam, a trend of cancellations and delays involving new coal plants has emerged. Vietnam is witnessing a rapid adoption of renewable energy while cumbersome coal power producers struggle to remain competitive. Here in the Philippines, the Panay Energy [...]