Enigin Update - Carrot and Stick for Philippines
THE EUROPEAN Chamber of Commerce of the Philippines (ECCP) is calling for a law that will provide both incentives and penalties to promote energy conservation.
"What’s happening is that building owners have no interest to invest in energy efficiency. So what we want to have is a carrot and stick." ECCP Executive Vice-President Henry J. Schumacher said during the ECCP-Shell New Energy Future Forum.
"We need an energy conservation law. We should work with carrot and stick. We would offer incentives to be more energy efficient and if you don’t do it, we hit you. Penalty," he added.
He said the chamber can help by "bench-marking against conservation laws in other countries. We are still putting a group of experts together and talking to the Department of Energy (DoE) to make it work."
DoE undersecretary Ramon V. Oca commented that an energy conservation law is "a very good idea."
"There’s a lot of useless power if we’re not efficient and energy costs double or triple," he said.
Peter Lee U, dean of the University of Asia and the Pacific School of Economics, said in his speech that while technologies geared to saving energy may be costly at the outset, there will be long-term gains.
"There are a lot of desirable effects we want from laws like lower prices and more supply, but we may not be able to have all of it together, so we have to be ready for that,” he said.
Enigin Distributors across the Philippines are enjoying having success by helping the public and private sector to save energy using Enigin PLC's solutions.
Real-time energy management via Enigin PLC's Eniscope is helping these organisations to reduce their power use, lowering electricity costs and cutting back on green house gas emissions. Providing a carrot for decision makers when it comes to saving energy.
