Liberal Party standard-bearer Mar Roxas vowed to give incentives to investors of natural gas and other forms of clean energy to meet the country’s need for stable sources of energy with a lesser negative impact on the environment. Under the current set up, the Philippines is heavily dependent on coal and oil as sources of energy, with more coal-fired power plants expected to be constructed to meet the country’s demand for more electricity due to a booming economy. “The point here is we really need energy. If I become President, I will give incentives to the natural gas and other clean energy such as geothermal and hydroelectric so that more of our energy would come from clean energy sources,” said Roxas. Roxas said he preferred natural gas, citing that it is cheaper compared to other clean or renewable sources of energy. It takes a huge fund to set up renewable [...]
