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This move was presented as a powerful alliance working together for a greater good, reminding us of the plot of countless superhero movies of the past two decades.Higher costs A similar case has been observed in Bangladesh, where its reliance on imported gas resulted in periods of rationing for industries and higher costs for gas and electricity on households, commercial consumers, and other users.
There will also be mentions of how gas is cleaner than coal, and how RE technologies are not mature enough to meet the Philippines’s energy demands; these justify it, in their words, as the “transition fuel.” Assuming that is true, then when and how would we reach its inevitable “endgame?”For the past few years, different sectors have been seeking answers to that question. So far, no specific answer has been provided.
The bills promoting the gas sector’s development also feature little to no strong consideration of the Philippines’s climate targets. The current version of SB2247, for instance, mentions nothing about how this would impact the attainment of the country’s self-imposed NDC targets on reducing GHG emissions.
Source: Entertainment Trends (entertainmenttrends.net)