Sen. Loren Legarda and renewables, forum in 2016
I originally posted this on Feb. 27, 2016: Yesterday, I attended a forum on " Making Renewable Energy a Vehicle for Sustained Inclusive Growth ” held at the International Finance Corporation (IFC, part of the WB Group), Bonifacio Global City, Taguig. The event was organized by the UPLB-CEMAFI. My friend Ozone who is a UPLB Economics alumni tagged me along. They keynote speaker was Sen. Loren Legarda, a known environmentalist. She gave a litany of the threats of man-made climate change, the evils of coal power and the hosanna of renewables. During the open forum, I was the first to comment. I mentioned the following: 1. Demonizing coal power and glamorizing wind, solar, other new renewables to replace coal is unrealistic. At the Meralco generation charge latest data, from wind-solar is zero, about 5% from WESM, the balance of around 95 % is from nat gas, coal, diesel power plants. At the DOE data as of the1st half 2015 in Luzon grid, about 51% of actual electricity production is fr