Description
Philippines Energy Plan focuses on energy efficiency and conservation that aims to achieve energy self sufficiency of 60 percent by 2014. The government has taken a proactive stance to promote renewable energy through the introduction of various reforms and policies. Use of bio diesel in the transportation sector has been encouraged in line with the energy saving objectives. Energy agreements with countries like Indonesia, United Kingdom and China are expected to result in increased cooperation in geothermal, oil exploration and renewable energy sectors. This research service highlights the political and policy trends and analyses their impact on the energy industry.
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