Where is the renewable energy

Coal-fired power plants and coal energy investments were quickly approved by the government in the last two years, a move inconsistent with President Aquino’s promise to prioritize renewable energy, environment group Greenpeace said.

Greenpeace spokesperson Anna Abad said in a press conference Wednesday “an investment in coal edges out an investment in renewable energy.”

This, as the Aboitiz Power Corporation recently went on to sign a USD 546-million (PHP 22,701M) deal with contractors to build the 300-megawatt coal-fired power plant in Binugao village, this city and in Sta. Cruz town, Davao del Sur.  Partial commercial operations are slated to start by the year 2015.

Abad pointed out that while President Aquino’s campaign slogan was to prioritize renewable energy, the Department of Energy (DOE) has not.  In the last two years, 11 coal-fired power projects were approved by the DOE.  Two more projects were given go signal with the recent US trip of President Aquino, according to Greenpeace.

Greenpeace said “any investment in dirty coal plants means investment and opportunity lost for clean and safe renewable energy systems… Read more

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