Environmental groups on Wednesday hailed the Supreme Court’s decision declaring as unconstitutional the country’s 2005 Tripartite Agreement for Joint Marine Seismic Undertaking with China and Vietnam.
“This decision is also a big and concrete step in addressing the climate crisis, as it will serve as a deterrent to any plans…to explore fossil fuels in those waters,” Bonifacio added. The burning of fossil fuels is the main driver of climate change, to which the Philippines is highly vulnerable. It is made up of many islands that can be submerged or flooded by sea level rise, stronger and more frequent typhoons are already causing disastrous floods, and most Filipinos live on the country’s vast coastlines and depend on climate-sensitive natural resources, the group stated.
The JMSU was signed in 2005 between China’s National Offshore Oil Corporation , Vietnam’s Oil and Gas Corporation and the Philippine National Oil Company .
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