Solar, geothermal, hydro and wind energy just might be the solution for the Philippines oil crisis. Believe it?
"We are at the mercy of constant world oil price hikes. Each year, we import 94% of all our crude oil needs. Meanwhile, our oil consumption is projected to rise by more than 10% in the next decade," Senator Angara stated today in a press statement.
This came even as the senator noted that the country's 2006 net oil imports (crude and petroleum product imports less petroleum exports) went up to 20 percent to $6.8 billion.
Studies made by the Renewable Energy Coalition, shows that, if the country saves even half of its net oil imports, it can use this(saved) amount for social and infrastructure programs such as: sending 17 million children to elementary school, building 250,000 classrooms, putting up 135,000 health centers, feeding 14 million families, and building 38,000 farm-to-market roads. Incredible isnt it? How this bill can help the youth? How this can help our country to rise from the ashes?
That is why this bill encourages local entreprenuers to invest in the development of our country's vast alternative energy resources and decrease our dependence on imported fuel.
So, are you up for the energy revolution?
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9 comments:
source: http://www.gmanews.tv/story/100337/Senator-pushes-for-renewable-energy-bill
I'd have to say that these renewable energy solutions are very promising although investing in such technologies is still very expensive. Solar, geothermal, wind, and other renewables are very present and if we can harness them in a cost efficient way, the oil crisis might just be negligible. We wouldn't have to be at the mercy of the oil producing countries as well! Really, politics is always involved and if it can encourage the advancement of renewables, then there is a promising future ahead of us, free of very expensive crude oil.
These renewable sources may sound great, but they probably cost too much.
Our country may be able to invest in these alternate energy sources, but at what cost? Will our economy be crippled for life simply by investing in these?
I sure hope not. The reward is high. Let's hope that our government doesn't screw this up.
Investing in a new source of energy might be quite pricey, but in the long run, it will give us more benefits, no just in saving money but also in saving the environment.
I like that idea. Arabs want to have more money before oil runs out, so let's not make them rich and conserve oil.
I agreed to them that they should invest the money immediately because I know someday that fuel will be a thing of the past and I know we will have a BIG problem if that happens. My point is if they should invest the money early, the BETTER right?
The people need to use all the resources we have to generate our own energy. The writer is right when he or she stated that we are at the mercy of those who sell us the oil we need. It's time utilize the resources we have to overcome issues such as this.
Sounds like a great idea and maybe the only way to solve the oil crisis.
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