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Continue reading →: The curious case of NAPOCOR debts
Continued from Part 1 Proponents of EPIRA made us believe that privatization will solve the financial woes of state-owned NAPOCOR. In fact, the deep indebtedness of NAPOCOR was one of the strongest arguments used to justify the EPIRA. If state coffers are being bled dry by the debts of NAPOCOR,…
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Continue reading →: The role of foreign lenders, investment banks, and credit rating agencies in Philippine power sector reform
Last June 8, the Electric Power Industry Reform Act (EPIRA) of 2001 or Republic Act (RA) 9136 marked its tenth year of implementation. A day before, utility giant Manila Electric Company (MERALCO) announced that it is again hiking its generation charge by 51 centavos per kilowatt-hour (kWh). The rate hike…
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Continue reading →: 10 years of EPIRA: what went wrong?
On June 8, Republic Act (RA) 9136 or the Electric Power Industry Reform Act (EPIRA) of 2001 will mark its tenth year. Former President Gloria Arroyo signed EPIRA amid strong opposition from various sectors. The manner in which the law was passed also controversial. There were claims of bribery involving…
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Continue reading →: Fuel stockpile plan boosts oil regulation argument
On Tuesday (Apr. 19), Shell implemented another round of oil price hikes that increased the pump price of gasoline by 60 centavos per liter and diesel by 25 centavos. The kalbaryo (suffering) of the people does not seem to end. Starting Wednesday (Apr. 20), households should expect to pay P11…
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Continue reading →: Noynoy’s fuel subsidy: Why the Pantawid Pasada is not enough even as pantawid
(This article was first published by the Philippine Online Chronicles) Updates: Malacañang announced that starting April 11, jeepney and tricycle drivers can avail of the fuel subsidy smart cards. (Read here) However, it later clarified that what authorities have started is the processing of the applications for the smart cards…
I’m Arnold Padilla, a Filipino activist, writer, and researcher.
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