First Gen income up 30% on higher sales
Originally published on Inquirer.net Lopez-led First Gen Corp. booked in the first half of 2023 earnings of P9 billion, a 30-percent growth from last year, on the back of better operating income from its renewable energy unit despite higher interest expenses in its natural gas plants. The geothermal plants of Energy Development Corp. (EDC), First Gen’s […]
Can reforestation efforts reverse the damage done in the Philippines?
Originally published on Eco-business.com Decades of logging, urbanisation and land conversion have destroyed Philippine forests. While there are local efforts to repopulate deforested areas, the country is still trying to strike a better balance between meeting the needs of society and putting nature first. More needs to be done to prevent further deforestation within the […]
Energy Development Corporation rescues 17 endangered native tree species in Ilocos Norte and Palawan
Originally published on Inquirer.net Saving the country’s native trees from extinction is a tall order, but one that needs to be taken seriously, with no further delay, and with full commitment, if stakeholders are to succeed. It becomes an even more urgent situation knowing that about 47 percent of local native tree species are threatened with […]