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News / #subsidies
The renewable energy resource, which has received loan financing for exploration and early-stage drilling, could help shield the country from energy security risks brought about by the conflict in the Middle East, said Philippine energy secretary Sharon Garin.
As subsidies for renewables are phased out, market distortions mean renewables still can’t stand on their own feet.
Proposals to build coal-fired plants in China reached a record high in 2025, finds a new study.
Sales of electric vehicles (EVs) overtook standard petrol cars in the EU for the first time in December 2025, according to new figures released by industry group the European Automobile Manufacturers’ Association (ACEA).
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