“You know oil is not infinite. Someday it will dry up. It will be good for any government to prepare the possibility of making the transition from oil to nuclear,” Read more👇
team prepares for the turnover of power and responsibilities to the new administration under presumptive president Ferdinand “Bongbong” Marcos Jr.
“You know oil is not infinite. Someday it will dry up. It will be good for any government to prepare the possibility of making the transition from oil to nuclear,” he added. Marcos signaled his determination to adopt nuclear power Monday, holding talks with South Korea’s envoy on possibly reviving the mothballed $2.2 billion plant built during his father’s dictatorship.
Marcos said he met South Korean Ambassador to Manila Kim Inchul on Monday to discuss a proposal on reviving the Bataan plant. But upgrading an aging facility fitted with outdated analog technology could take at least four years and cost another $1 billion.A monument to the greed and graft of the elder Marcos’s era, the plant sits 80 kilometers west of Manila, near several volcanoes in a part of the Philippines regularly shaken by earthquakes.
Balisacan will replace the current Secretary of Socioeconomic Planning and concurrent NEDA Director-General Karl Kendrick Chua, whom President Rodrigo Duterte appointed in 2021.
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