The Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. said it was supporting moves by the government to adopt nuclear energy. | AldenMonzonINQ /PDI
Cecilio Pedro, another vice president at the trade group, added that the argument against nuclear power plants was that people were afraid of earthquakes.
“Nuclear power is still the cheapest power available to us. And nuclear power is also very efficient,” Pedro added, referring to the long life span of nuclear facilities compared with other types of power plants.The Philippines’ annual inflation accelerated further to 8 percent in November compared with last year, with electricity, gas and other fuels rising 6.9 percent.
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