The Senate approved on third and final reading a bill aiming to foster greater energy security, sustainability, and affordability in the country. Under Senate Bill No. 1574, also known as the Philippine Energy Research and Policy Institute (PERPI) Act of 2018, a world-class think tank meant to bridge research and policy gaps in the Philippine energy sector will be established. ADVERTISEMENT“Finally, we are now one step closer to having our very own world-class think tank that will stand at the forefront of Philippine energy research and policy development,” Sen. Sherwin Gatchalian, who authored and sponsored the bill, said in a statement on Monday. The bill appropriates P200 million for the initial funding of the think tank.

Source: Philippine Daily Inquirer September 24, 2018 09:50 UTC