5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

PNRI pushes for nuclear liability bill

by
January 22, 2026
in Stock
0
PNRI pushes for nuclear liability bill
FREEPIK

THE Philippine Nuclear Research Institute (PNRI) is pushing for the passage of a bill that will establish civil liability and compensation to those affected by nuclear damage.

“No private company can survive a nuclear accident. But with this (bill) they will have some hope, at least some assurance, that they will be covered in case an accident happened,” PNRI Director Carlo A. Arcilla told a Senate hearing on Thursday.

Senate Bill No. 1209, the Philippine Nuclear Liability bill, establishes rules for responsibility and compensation in case of nuclear incidents.

The proposed measure ensures nuclear operators are strictly and exclusively liable for nuclear damage, setting clear liability limits.

The bill also provides a multi-tiered compensation system, including access to international public funds, and establishes a dedicated mechanism for handling claims.

 “Accidents are very rare, in fact nuclear is the safest energy source. If you total the operating number of hours divided by the number of deaths, the lowest is in nuclear energy,” Mr. Arcilla added.

He said that the government is close to fulfilling major institutional conditions for nuclear power advancement, notably the creation of an autonomous nuclear regulator.

“From our perspective, number one the Philippine Atomic Energy Regulatory Authority (PhilAtom) has to be established and we’re close to that, we are writing the implementing rules and regulations now,” Mr. Arcilla said.

PhilAtom is the country’s nuclear energy regulator mandated to oversee the safe, secure, and peaceful use of nuclear energy and radiation sources, it was formalized under Republic Act No. 12305, the Philippine National Nuclear Energy Safety Act.

The Philippine government plans to have a commercial nuclear power facility by 2032, targeting a power output of 1,200 megawatts (MW), scaling to 4,800 MW by 2050. —Adrian H. Halili

Previous Post

Barzaga files counter-affidavit over PNP-CIDG complaints

Next Post

Gov’t to boost dev’t cooperation

Next Post
Gov’t to boost dev’t cooperation

Gov’t to boost dev’t cooperation

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Skin Republic: Where great skin became simple

    Skin Republic: Where great skin became simple

    January 23, 2026
    PHL women’s healthcare five years behind other SEA countries – expert

    PHL women’s healthcare five years behind other SEA countries – expert

    January 23, 2026
    Review: REDMI Note 15 Pro 5G

    Review: REDMI Note 15 Pro 5G

    January 23, 2026
    Pit Señor! Toyota Motor Philippines celebrates Sinulog with Coco Martin

    Pit Señor! Toyota Motor Philippines celebrates Sinulog with Coco Martin

    January 23, 2026

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.