Republic Act No. 11234: Energy Virtual Online One Stop Shop Law or the EVOSS ACT

The Philippines is an emerging economy and its economy has greatly shifted from agriculture to industry. In terms of energy use, conventional fossil fuels (oil and gas) are the main source for its primary energy demands. Philippines is highly exposed to oil price volatility due to the fact that it is dependent on imports for almost half of its primary energy supply. Consequently, the Government resolves to bolster its energy security while doing a delicate balancing act of pursuing a low carbon economic development to combat the effects of climate change. It…

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