The Philippines is at a crossroads in its energy transition. The Philippine government looks to import liquefied natural gas (LNG), while renewable energy sources are abundant in the country.
Listen as Sam Reynolds, energy finance analyst of the Institute for Energy Economics and Financial Analysis (IEEFA), discusses the risks of locking into a new form of imported fossil fuel that will unlikely reduce household or business power bills and the challenges of transitioning to cheaper forms of renewable energy resources.
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Reporting by Cherry Salazar and Elyssa Lopez. Produced and edited by Cherry Salazar. Music by Kevin MacLeod (incompetech.com) and YouTube Audio Library. Illustration by Alexandra Paredes.
