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    Editorials:

    Illustration by Jimbo Albano

    Coming clean (sort of)

    WITH ongoing climate negotiations in Bonn as backdrop and after years of tough debate with environmental nongovernment organizations (NGOs), a policy pronouncement by the Asian Development Bank (ADB) at the closing session of its third Asia Clean Energy Forum last week was not entirely unexpected.

    Still, the ADB deserves full kudos for being the first multilateral financial institution to take the first step toward a more robust—and intellectually honest—debate about the region’s energy future.

    When it comes to coal, said the booming voice of ADB vice president Bindu Lohani, who closed the proceedings, Asia may have little choice in the foreseeable future but to keep on using it. Thus, among many other objectives, the ADB’s goal is to greatly increase the efficiency by which coal is used to generate energy. However, for this reason, said Lohani, “let us stop naming things ‘clean coal’ or ‘cleaner coal’ and just call it what it really is—more efficient coal.”

    It was a display of unqualified candor that refuted, even if just for a single afternoon, accusations that the ADB was an institution closed to outside— particularly NGO—influence. Lohani’s statement leaves in isolation other groups such as the World Bank, who continue to embrace the imprecise notion—for that is all that it is, a notion, and a false one at that —of “clean coal” along with its notional benefits.

    Explicitly dropping “clean coal” in favor of “more efficient coal” from the ADB’s roster of terminologies is far from needless polemic. A bottled teriyaki sauce of dubious culinary benefit can be found in many groceries today with the label “with original Chinese ingredients!” Or, if that sounds too frivolous, then consider the phrase which has downsized pain and wickedness—“prisoner abuse”—and how it has come to replace the clarity of the word “torture.”

    Lohani’s bold move constitutes an ideological victory for green groups who have long insisted that there is no such thing as “clean coal” and who have long blasted away at rhetorical pollution. But it is also a victory of sorts for the ADB, for it forces NGOs to confront new quandaries.

    By dropping “clean coal” in favor of “more efficient coal,” the ADB has, in a way, defanged a big part of the advocacies of some environmentalists, who will henceforth be forced to contend with one of the ADB’s stronger premises: renewable-energy development is all fine and great—and hopefully the market expansion and rate of deployment will increase exponentially and dramatically reduce coal dependence with the right policy sets in place—but what does a developing country do with its currently operational but completely inefficient and highly polluting old coal plants?

    And can developing countries actually meet—with far less coal dependence—the huge spike in energy demand that everyone worth their salt in the region knows is coming, and soon?

    Green groups and new energy institutes have answered yes, pointing toward the direction of decentralized energy systems and diligently pursued integrated resource planning. The ADB disagrees emphatically. However the debate is resolved—and certainly, this paper will monitor the process closely—the public can henceforth expect to enjoy substantive exchanges that can now go beyond baseless and, dare we say, soon-to-be- fossilized terms.

    OTHER STORIES
    Editorial: Coming clean (sort of) 

    WITH ongoing climate negotiations in Bonn as backdrop and after years of tough debate with environmental nongovernment organizations (NGOs), a policy pronouncement by the Asian Development Bank (ADB) at the closing session of its third Asia Clean Energy Forum last week was not entirely unexpected.

    read more

    Outside the Box: Inflation may cause a Philippine disaster

    Quick answer! Which is the worst-performing stock market in the world for 2008?

    Early in 2007 I reached the limits of my patience with those—including a small but vocal group of Filipinos—who were telling us that Vietnam was a new economic Garden of Eden.

    read more

    Omerta: Meralco’s shattered reputation

    I just finished reading a 286-page book by Ronald J. Alsop titled The 18 Immutable Laws of Corporate Reputation. 

    This is not to brag, but I read the whole thing in one sitting just the other day. What kept me glued to the book was the thought of its relevance to the present corporate crisis in which the Manila Electric Co. (Meralco) is currently embroiled.

    read more

    Mirror on the wall: Winning, losing foreign investments

    First, the good news: The Bureau of Immigration (BI) under the watch of Commissioner Marcelino Libanan is now actively implementing a pro-foreign investment policy President Arroyo herself is pursuing.

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    Sen. Edgardo J. Angara: Re-engaging in agricultural R&D

    If anything good came out from the current global food crisis, that would be the renewed focus to invest in research and development (R&D) in agriculture, similar to the Green Revolution that prevented a burgeoning famine in the 1960s.

    read more

    Philip M. Lustre Jr.: Why Hillary lost the nomination

    Let’s be blunt about it. New York Sen. Hillary Clinton had bungled her campaign to lose to Illinois Sen. Barack Obama for the Democratic presidential nomination.

    read more

    William Pesek: Bono, Bob Geldof are fired up about Japan’s G-8

    Bono and Bob Geldof hit the stage in Japan last week. They weren’t singing songs, but drumming up support for an unlikely cause: the Group of Eight (G-8).

    read more