Given the economic, social and environmental havoc that climate change has wrought in the Philippines, embracing coal is a dangerous policy. Short term benefits of coal to some elite players in the Philippine economy pale in comparison to the billions that coal is costing the Philippines as a nation, with respect to climate change impacts alone.
The True Cost of Coal (Volume 2) is part of a three-series comprehensive research on the external costs of coal in the Philippines. Greenpeace hopes that it will be a valuable tool to ensure a broader debate and to guide policy makers and researchers in their decision making framework for the country’s energy plans.
It is time for us to phase out coal, heal the planet and transition to clean energy and clean air for all. We only have one Planet and we cannot afford to lose it.