MANILA — The Power for People Coalition (P4P) has welcomed San Miguel Corporation’s junking of its three coal plants even as it urged the conglomerate to junk all its coal projects to prove its commitment to renewable energy ventures.
“While the cancelation of the three projects is good, SMC still has five coal-fired power plant projects which can still pollute their host communities and contribute to overpriced electricity for consumers,” said Gerry Arances, P4P Convenor.
In a statement over the weekend, SMC president Ramon Ang said three of its coal projects in Cebu and Quezon were canceled because the company is “executing on our plans to move away from building new coal facil…
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