Mike Wootton
Mike Wootton

I was interviewed last week by people doing a feature on energy in the Philippines. They were from a major international publisher and were based in the United Kingdom. Their comment during the meeting was that they had heard all the positive and encouraging words about the Philippines, and the energy sector in particular as an alluring investment destination made even more enticing by talk of inadequate power supplies and impending power crises, with high power tariffs, the “new” Renewable Energy Act, the economic boom, and stellar gross domestic product growth, etc., and a remorseless desire to privatize everything in sight. But after they had been here a little while and done their first few interviews, they had discovered that what they had heard was all just empty words. “It’s not like that at all . . .,” they said with a smile.

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