posted March 03, 2016 at 11:25 pm by Alena
Mae S. Flores
Energy Secretary Zenaida Monsada
rejected proposals to impose a tax on carbon emissions, which she said could
push up power rates.
Monsada, speaking at the Shell
Powering Progress Together-Asia forum, said the power rate in the country was
already very high.
“There was a mention of carbon tax.
The concern is we already have a very high power rate. We’re not
competitive with our neighbors because of this high rate and it would not be a
good idea to impose carbon tax on coal,” Monsada said.
The energy chief said the Energy
Department was instead encouraging the use of more renewable energy and the
reclassification of the power plants into baseload, mid-merit or peaking
plants.
“[Carbon pricing] can be part of
consideration but putting tax on carbon may lead to higher prices,”
Monsada said.
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