Philippines could supplement 57%-60% of its energy needs with renewables by 2040 (Business Mirror)

The Business Mirror published an article on the findings of IFPRI's researchers Alam Mondal, Mark Rosegrant, Claudia Ringler, Angga Pradesha, Rowena Valmonte-Santos, which support renewable energy development in the Philippines. The study assessed four alternative energy development strategies, and found that the Philippines could supplement 57 percent to 60 percent of its energy needs with renewables by 2040. The study shows how this can be achieved through carbon taxes or subsidies for renewable energy.