MODULE 4
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Questions and Answers

What is the objective of the Philippines in attracting foreign investments?

  • To address climate change
  • To bolster its renewable energy sector (correct)
  • To reduce fossil fuel dependence
  • To increase its renewable energy potential

    • What steps is the Philippines taking to capitalize on its renewable energy potential?

  • Promoting sustainable energy solutions (correct)
  • Increasing fossil fuel dependence
  • Welcoming foreign investments
  • Addressing climate change

    • What are the long-term climate objectives of the Philippines?

  • To reduce fossil fuel dependence
  • To attract foreign investments
  • To fortify its renewable energy sector
  • To address climate change (correct)

    • What is the main benefit of renewable energy sources in terms of greenhouse gas emissions?

    <p>They produce less greenhouse gas emissions</p> Signup and view all the answers

    Why is the utilization of renewable energy becoming increasingly relevant in the Philippines?

    <p>To address energy shortages</p> Signup and view all the answers

    What is one of the benefits of renewable energy in terms of human health?

    <p>It reduces the negative impact of pollution on human health</p> Signup and view all the answers

    What is one of the risks associated with dependence on foreign fossil fuel imports?

    <p>Energy security risk</p> Signup and view all the answers

    Which renewable energy source does the Philippines have a prominent global ranking in?

    <p>Geothermal</p> Signup and view all the answers

    What are the pressing challenges related to climate change that the Philippines faces?

    <p>Sea-level rise, intensified typhoons, and elevated temperatures</p> Signup and view all the answers

    What are the economic benefits of renewable energy investments?

    <p>Job creation and sustainable growth</p> Signup and view all the answers

    What policy shift did the Philippines' Department of Energy (DOE) recently make?

    <p>Allowing foreign investors to hold 100 percent equity in renewable energy resources</p> Signup and view all the answers

    What is the estimated renewable energy capacity of the Philippines?

    <p>246,700 MW</p> Signup and view all the answers

    Study Notes

    Foreign Investments and Renewable Energy in the Philippines

    • The Philippines aims to attract foreign investments to capitalize on its renewable energy potential, reducing dependence on foreign fossil fuel imports.

    Climate Objectives and Renewable Energy Benefits

    • The Philippines' long-term climate objectives include mitigating climate change by transitioning to renewable energy sources, primarily hydro, geothermal, wind, and solar power.
    • Renewable energy sources have zero greenhouse gas emissions, contributing minimally to climate change.
    • One benefit of renewable energy is improved human health due to reduced air pollution from fossil fuels.
    • The utilization of renewable energy is increasingly relevant in the Philippines due to the need to reduce dependence on foreign fossil fuel imports.

    Renewable Energy Capacity and Global Rankings

    • The Philippines has a prominent global ranking in geothermal energy production.

    Challenges and Economic Benefits

    • The Philippines faces pressing challenges related to climate change, including rising temperatures, sea-level rise, and increased frequency of natural disasters.
    • Renewable energy investments provide economic benefits, such as job creation, increased energy independence, and reduced energy costs.

    Policy Shift and Renewable Energy Capacity

    • The Philippines' Department of Energy (DOE) recently shifted its policy to prioritize renewable energy development and reduce dependence on fossil fuels.
    • The Philippines has an estimated renewable energy capacity of over 250,000 MW, with significant potential for wind, solar, and hydroelectric power.

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    Test your knowledge about renewable energy sources and their potential in the Philippines. Discover the benefits of solar, wind, hydropower, and biomass in reducing greenhouse gas emissions and powering sustainable development.

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