The Philippine Chamber of Commerce and Industry (PCCI) is urging the government to lift the country’s coal moratorium amid rising power supply concerns linked to tensions in the Middle East.
PCCI president Ferdinand Ferrer said the policy shift is needed to ensure energy stability and affordability, stressing that economic growth cannot depend on an uncertain power supply.
Energy Secretary Sharon Garin said the Department of Energy is studying the possible lifting of the 2020 coal ban, citing high fuel prices and coal’s role as a reliable baseload energy source.
The PCCI argued that modern, high-efficiency coal technologies can balance energy needs with environmental goals while supporting industrial competitiveness.
However, some analysts warn that renewed reliance on coal could increase price volatility and challenge long-term climate commitments.
Source: PhilNews24 | April 25, 2026
PCCI URGES LIFTING OF COAL MORATORIUM AMID ENERGY SECURITY CONCERNS
You might be interested in
Latest from Business
The Department of Agriculture (DA) announced the shipment of Guimaras mangoes to Europe and Hong Kong
Growing advances in robotics and artificial intelligence could disrupt key pillars of the Philippine economy, particularly
Fintech company Maya has partnered with the Commission on Filipinos Overseas to expand digital access to
More than 800,000 motorcycles were sold in the Philippines from January to May as consumers increasingly
The Department of Trade and Industry (DTI) has released its price guide for school supplies ahead