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rates through green energy investments” “As power rates continue to spike, renewable energy (RE) should take up a greater share in the country's energy generation mix.” "Ending the regime of high power rates can help the Philippines attract foreign investors, who have cited the country's high power cost as a major disincentive to investments." “50% of the allocation for missionary electrification shall be utilized to subsidize renewable energy development which shall include but not limited to research, exploration, promotion, and utilization of RE systems and technologies” -Senator Edgardo J. Angara Senator Angara who authored RP's RE law, proposed to subsidize the renewable energy development through amending one of the provisions in the Electric Power Industry Reform Act or otherwise known as the EPIRA law. ELECTRIC POWER INDUSTRY REFORM ACT of 2001 (R.A. 9136) is designed to bring down electricity rates and to improve the delivery of power supply to end-users by encouraging greater competition and efficiency in the electricity industry. The essence of these reforms is giving stakeholders a CHOICE. • • • • • • Consumer Empowerment. Higher Efficiency. Open Access. Industry Accountability. Competition in Generation and Supply. Electricity Tariff Unbundling.
Two major reforms are embodied in RA 9136, namely: • • the restructuring of the electricity supply industry Privatization of the National Power Corporation (NPC)
These two reforms are aimed at encouraging greater competition and at attracting more private-sector investments in the power industry. A more competitive power industry will in turn result in lower power rates and a more efficient delivery of electricity supply to end-users. 1
hydro electric power. Green Cars are the vehicles that use renewable sources of energy or consume significantly less gasoline / diesel than traditional oil-powered cars. Water Technologies . wind energy. They are called “green” because they are offered by financial institutions (i. 2 .What is Green Investment? Green investment are traditional investment vehicles (such as stocks. uses natural inputs and processes for growing crops. banks) which lend the money raised from such investments to environmentally friendly businesses. Green bonds .are usually issued to raise capital for solving a specific local or global environmental problem. This can range from companies that are developing alternative energy technology to companies that have the best environmental practices. In other words. you may rest assured that it will be used with the environment in mind. Agriculture / Organic Foods .As an environmental investor. exchange-traded funds and mutual funds) in which the underlying business(es) are somehow involved in operations aimed at improving the environment.Waste water (sewage water) contains vast amounts of energy that may potentially be recovered by wastewater treatment plants and re-used either by plants themselves or elsewhere. and are usually backed by governmental institutions. Green Building Reforestation Waste Management or Recycling Renewable energy – solar energy. Green Savings Accounts are the safest types of green investment you will find on the market: they offer the lowest levels of risk with the lowest rates of return. you probably want to invest in genuine green stocks. Green Money Market Accounts Green Certificates of Deposit or time deposits are green investment instruments which are issued by banks for predetermined periods of time (maturity dates) with fixed interest rates.Organic farming requires a lot less energy than conventional farming. and avoids the use of artificial fertilizers and pesticides and genetically modified organisms.e. Green fund (also called green mutual fund) is an instrument for making collective investments in these environmentally active companies which introduce new green technologies. Type of green investment Green Stocks . biofuels. geothermal energy. if you put your money in green investments.
. thus Bongbong’s wind farms). severe El Niño and La Niña events. Global Green. the dam will no longer be able to supply Metro Manila • Despite the critical level of water. Adversely affected sectors include agriculture. If the water level falls further to 120masl. 3 . plans to invest more than $300 million in the Philippines power sector this year. as well as power from biomass. has three biomass power projects in the Philippines. the lending branch of the World Bank. Cristina Falls is a prime example). solar (no explanation needed). The situation could take a turn for the worse and may leave residents with only 6hours of services in a day.Factors to be considered in acquiring green investment Global warming is probably the biggest challenge that humanity is facing right now. the International Finance Corp. The company will sink in about $192 million to build plants in the provinces of Nueva Ecija. Climate Change . and forest fires. the Manila Public works department confirmed that there is a water crisis in the Maynilad services areas covering the west zone of the metropolis. while Metro Manila has warmed less than most parts. Iloilo and Bukidnon. These include deadly and damaging typhoons. landslides. As I’ve read on the internet. one of the foreign investors. Renewable energy (RE) technologies are more expensive and more intermittent than their fossil fuel-based counterparts. RE projects also require longer gestation periods compared with “dirtier” power plants. The World Bank said the Philippines should invest $2 billion a year until 2025 to foster a sustainable power sector. After several weeks. Hot days and hot nights have become more frequent. particularly in renewable energy projects. response to the water crisis range from denial to a wait and see attitude. It has been observed that warming is experienced most in the northern and southern regions of the country. We can also think of it as being part of air pollution. minus the carbon emissions of conventional power plants. • Lowest level in history and would take several typhoons to replenish Angat dam. Environmental pollution is “the contamination of the physical and biological components of the earth/atmosphere system to such an extent that normal environmental processes are adversely affected”. the Philippines is well-situated for wind (particularly in the Ilocos region. floods. Water crisis . local government units have yet to draft a comprehensive plan to ensure availability of water in their areas.The Philippines has experienced temperature spikes brought about by climate change. drought. geothermal (we are in the Pacific ring of fire and the second largest geothermal energy producer in the world) and hydroelectric power (Ma. with an aggregate capacity of 70megawatts and expected to be on-line by 2012 at the earliest.The Philippines water crisis is real. For now. coastal and marine resources and health. fresh water. Extreme weather events have also occurred more frequently since 1980. They said that with its agricultural geography and its economy.
But some pundits are already issuing warnings that environmental investing may be similar to the dotcom bubble we experienced at the start of the 21st century. They’re already running for free at certain schedules in Makati and Puerto Princesa. o It runs on electricity. its energy source has to be clean and green as well before we can put Mother Nature’s stamp of approval.html 4 . and the need to fight pollution and global warming is now clearer than ever. The development of renewable energy in the Philippines is not just a means to mitigate the impact of climate change but can also solve the pressing problem of energy security.http://www. Green Investment . The Institute for Climate and Sustainable Cities (ICSC) has taken the first steps on the ground by modifying the Philippines’ iconic jeepney. The projects will generate an additional 72mw capacity in the Cebu-Negros-Panay grid. the demand for new green technologies (and especially renewable sources of energy) is strong. o With E-Jeepneys. Negros Occidental.Asea one is investing about $180 million in the next three years to build biomass power facilities in central Philippine provinces of Aklan. Iloilo. All you have to do is plug in for a few hours and you’re ready to go. o The E-Jeepney is part of what could soon be a “green loop. and Cebu. cutting supply in southern Philippines.” It’s a cycle where renewable sources produce clean energy that will in turn power green technology. Our opinion is that while of course it is inevitable for certain individual companies to lose value and even go bankrupt. a significant daily savings in a country where a third of the population lives on less than a dollar a day. This is especially crucial now as the El Nino is causing widespread blackouts in Mindanao. you don’t need to gas up.Conclusion Green investment is a constantly evolving area. and powering it up costs at least Php 200 less than at the pump for a full day’s route. And there lies the rub. No matter how clean and green these cars are. So the green investment is certainly here to stay. where more than half of its energy requirement is sourced from hydropower dams. The drought spell reduced water levels. o The E-jeepney emits no smoke and no noise. . Eager green investors will have many opportunities to put their money both in national and international companies.tropical-rainforest-animals.com/green-investment-types.