Invest in green economy to tame inflation, economist says
“ We really need to move away from inefficient energy systems, inefficient technologies.” is according to Dr. Lawrence Dacuycuy, chair of the National Research Council of the Philippines (NRCP), Division of Social Sciences of the Department of Science and Technology (DOST) and one of the resource speakers in the Expert Class webinar in “Gas Prices Rising Amidst Ukraine-Russia Crisis,” conducted by the DOST- NRCP. Dacuycuy explained that it will not be easy to sustain growth due to several constraints that people need to be mindful of, and one of them is the capacity of the energy sector to supply the energy that people would want so that the economy will grow. Also, there’s a need for the government to focu s its energy, in terms of transforming the economy in modernizing certain sectors that are strategic, like services, manufacturing, at least to sustain industrialization at this point, and to acknowledge the presence or the importance of the fourth industrial revolution and tech...
