House approves renewable energy bill
Philippines
Jun 13 - McClatchy-Tribune Regional News - Sammy Martin The Manila Times,
Philippines
It took almost two decades for lawmakers to pass on third and final reading
a measure to develop renewable energy sources for the country's energy
needs, which is expected to generate some $1.2 billion in energy savings and
economic benefits for Filipinos in the next 10 years.
The President's son, Rep. Mikey Arroyo of Pampanga, and Rep. Luis
Villafuerte of Camarines Sur successfully mustered the numbers to have House
Bill 4193, otherwise known as Development, Utilization and Commercialization
of Renewable Energy Resources of 2008, to be passed on third and final
reading. HB 4193 was supported by administration and minority lawmakers.
The measure was first filed during the 8th Congress when Corazon Aquino was
president.
No less than 16 renewable energy measures and resolutions were filed and
referred to the Committee on Energy, of which 14 were House bills. The
committee began hearings on these last November, and reported out the final
measure on May 28.
Speaker Prospero Nograles expressed hope the Senate would swiftly pass its
counterpart measure. If the renewable energy bill will be signed into a law,
it will accelerate the development of renewable energy sources already found
in the country like biomass, solar, wind, hydro, ocean energy or wave power,
and geothermal.
Besides providing fiscal and financial incentives to encourage investors to
go into renewable energy development, the measure also directs the
Department of Energy, the National Power Corp. and other government agencies
to develop and institute a framework for propagating renewable energy, and
to seamlessly interconnect these energy sources into the national power
grid.
"I humbly ask for your support in approving the renewable energy resources
bill--the bill that will reduce our dependence on imported petroleum
products," said Representative Arroyo in his sponsorship speech.
Currently, the country relies on imported fuels like crude oil derivatives
and coal for 48 percent of its power needs. The remaining 52 percent are
sourced from indigenous sources like local crude oil, biomass, hydropower,
and geothermal energy.
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