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Ayala s South Luzon coal plant eligible for retirement

Early decommissioning of coal-fired power plants in the Philippines has advanced with utility Ayala Energy's 246MW South Luzon Thermal Energy eligible for the US-based Rockefeller Foundation's coal to clean credit initiative (CCCI).

Advent good tidings | The Manila Times

CHRISTIANS from many backgrounds celebrate the Advent season with reflections on hope, peace, love and joy. The overhang of several events makes it challenging for many. The global economy is still reeling from supply chain bottlenecks brought about by the two conflicts in Ukraine and the Middle East. Markets and geopolitics make everyone nervous and unsettled. The recovery from the pandemic could have been smoother without these conflicts. The business mood is downbeat, with high interest rates and high debt levels. The recession that many economists forecasted seemed to have been averted, though, and many industries actually flourished. One of these is the emergence of clean energy. This was led by solar energy and electric vehicles (EVs). These provide a glimmer of hope and good tidings for a year that was dominated by news of war.

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