Philippines’ Marcos Renewable Energy Plans Encouraging

But dependence on coal, corruption problems, other issues get in way

By: Tim Daiss

On the campaign trail. Photo from Marcos campaign

Philippine President Ferdinand Marcos Jr has made healthy moves to attempt to shift his country away from reliance on fossil fuels, in December 2022 authorizing full foreign ownership in renewable energy projects, a nearly unprecedented move in Southeast Asia. Foreign investors can hold 100 p…