First of two parts
LAST week, the Philippine Chamber of Commerce and Industry aired its concerns about a proposed bill colloquially referred to as the decarbonization bill. House Bill 7705, or the 'Low Carbon Economy Act,' was refiled in March of last year and has been floating in legislative limbo ever since, but seems likely to receive some productive attention from Congress this year.
The chamber highlighted that the Philippines consumes comparatively little energy and that the country's GHG emissions were only a third of the global per capita average.I'll address the last point first. Choosing emissions per capita as a metric is disingenuous. National emissions targets — or lack thereof — are determined on a gross basis, not per capita, simply because it is impossible to break down regulation to a per capita level.
Too Pessimistic About Decarbonization Bill
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