The Philippine government is currently deliberating on how to implement carbon pricing, considering options between a carbon tax or an Emissions Trading System (ETS). The influential Makati Business Club (MBC) has publicly supported the latter and emphasized that imposing a carbon tax would result in a significant increase in electricity prices.
Carbon emission trading is best for Philippines: business group
Carbon Pricing ｜ ASEAN ｜ Energy, Transport & Building March 01, 2024
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