Removal of GSP+ to affect PH economy

Credit to Author: Anna Leah E. Gonzales| Date: Tue, 22 Sep 2020 16:28:02 +0000

The Management Association of the Philippines (MAP) on Tuesday expressed hope the European Union (EU) will not remove the country’s zero-tariff export status. “We fervently hope that the removal of the GSP (generalized system of preferences plus) by the EU countries will not push through. It will make our products less competitive and will seriously […]

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Govt urged: Act on EU call

Credit to Author: William Depasupil, TMT| Date: Sat, 19 Sep 2020 16:18:20 +0000

THE Philippine government on Saturday was urged to address the European Parliament’s concerns about the alleged abuses and the “deteriorating” human rights situation in the country amid warnings that ignoring these could lead to further job losses and the temporary suspension of the grant of trade preferences to the Philippines. The Associated Labor Unions (ALU) […]

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Palace to EU: Go ahead, revoke GSP+ perks

Credit to Author: Catherine S. Valente, TMT| Date: Fri, 18 Sep 2020 16:29:14 +0000

Malacañang on Friday dared European lawmakers to make good on their threat to revoke tariff incentives on Philippine exports in protest of what they regard as the country’s worsening human rights situation. In a briefing in Baguio City, Palace spokesman Harry Roque Jr. said the Philippines could not do anything should the European Commission heed […]

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Assembly Phase Underway for ITER Nuclear Project

Credit to Author: Darrell Proctor| Date: Tue, 28 Jul 2020 18:31:33 +0000

The post Assembly Phase Underway for ITER Nuclear Project appeared first on POWER Magazine.

Officials with the ITER project in France said work has started on the assembly of giant components needed for construction of an experimental nuclear fusion reactor, a project designed to demonstrate the scientific and technological feasibility of fusion energy for peaceful use. The ITER group, in a ceremony July 28 that was broadcast online (see […]

The post Assembly Phase Underway for ITER Nuclear Project appeared first on POWER Magazine.

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DoF: EU grants to PH hit 150M euros

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 17 Jul 2020 16:21:03 +0000

The Philippines has so far secured 150 million euros (about P8.44 billion) in grants from the European Union (EU), according to the Department of Finance (DoF). “For the European Union, in total terms, we have ongoing grants in the amount of 150 million euros,” Finance Undersecretary Mark Dennis Joven announced in a briefing on Friday. […]

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EU Unveils Key Elements of its Green Deal

Credit to Author: POWER| Date: Tue, 31 Mar 2020 22:30:14 +0000

The post EU Unveils Key Elements of its Green Deal appeared first on POWER Magazine.

The European Commission in December 2019 announced its new European Green Deal, a set of major policy and legislative proposals that position the EU as the global leader on environmental and climate issues. Since then, the Commission has published a draft EU climate law and is seeking stakeholder input on potential revisions to the Energy […]

The post EU Unveils Key Elements of its Green Deal appeared first on POWER Magazine.

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Latest European Onshore Wind Auctions Prove Technologies’ Importance

Credit to Author: Joshua S Hill| Date: Mon, 23 Dec 2019 20:34:18 +0000

A suite of recent onshore wind energy auctions in the European Union have highlighted the increasing importance of the technology as a contributor to the energy transition towards the EU 2030 Climate & Energy objectives. 

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Offshore Wind Industry To Increase 15-Fold & Become $1 Trillion Industry, Says IEA

Credit to Author: Joshua S Hill| Date: Mon, 28 Oct 2019 17:55:40 +0000

The global offshore wind industry is expected to grow by as much as 15-fold and attract a cumulative investment of $1 trillion by 2040 according to a new report published by the International Energy Agency (IEA) which has famously undervalued the increasing role of renewable energy in the global energy mix. 

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