Rep. Carlo Lopez (2nd District, Manila) said House Bill 4556 mandates the government to give priority to research, development and utilization of science and technology that will help national development and progress.
"We are currently experiencing some kind of an energy crisis, the prices of oil products are constantly rising. We are too dependent on imported crude oil for our energy requirements which results in the diminution of our dollar reserves," Lopez said.
Lopez said there are other sources of energy, like hydroelectric and geothermal energy, but the supply is inadequate.
"It is necessary that we explore and develop other alternative sources of energy like solar energy which is very abundant on our country," Lopez said.
In filing the bill, Lopez said Section 10, Article XIV of the Constitution provides that science and technology are essential for national development and progress. The State shall give priority to research and development, invention, innovation and their utilization and to science and technology education, training and services.
"The State shall support indigenous, appropriate and self-reliant scientific and technological capabilities and their application to the country’s productive systems and national life," Lopez said.
Under the measure, the Authority shall conduct extensive research on solar energy, formulate a comprehensive policy for search, development and utilization of solar energy and implement the government program on the allocation, distribution and sale of solar energy.
The Authority shall have an authorized capital of P10,000,000 which shall be fully subscribed by the government and other government financial institutions.
Source: http://www.congress.gov.ph
Add this page to your favorite Social Bookmarking websites
