CJ Perez. Photo by Tristan Tamayo/INQUIRER.netLyceum will go into an all-important Game 1 of the NCAA Season 94 men’s basketball tournament against defending champion and top seed San Beda without its superstar CJ Perez.Perez, one of the country’s top collegiate players today, has been suspended on the eve of the finals opener on Tuesday after violating an NCAA rule following his failure to notify the league in writing that he had applied for the PBA draft set next month.ADVERTISEMENT Gov’t to employ 6,000 displaced by Taal The do-it-all forward helped Lyceum deal San Beda’s only loss in the elimination round and without him, the Pirates will have to hope that the likes of Mike Nzeusseu, twins Jaycee and Jayvee Marcelino and MJ Ayaay would pick up the slack.Game 1 tips off at 4 p.m. at Mall of Asia Arena while Game 2 is set next Monday. If necessary, the winner-take-all duel is scheduled on November 15. Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Nadine Lustre’s phone stolen in Brazil Golden memories? Graf ‘rarely looks back’ at Grand Slam Japeth Aguilar embraces role, gets rewarded with Finals MVP plum LATEST STORIES Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Don’t miss out on the latest news and information. Sports Related Videospowered by AdSparcRead Next “Mr. Jaymar Perez, a player from the seniors basketball team of Lyceum of the Philippines University, was meted with a one-game suspension for failing to inform NCAA that he applied for the PBA draft,” NCAA Management Committee chairman Frank Gusi said in a statement. “Under the NCAA rules, a student athlete must inform the NCAA in writing of his intention to apply for draft in any professional league prior to submitting the said application.”“In this case, Perez only informed NCAA of his application days after he submitted the same to PBA, and after the same was already the subject of numerous news reports. Thus, Perez is suspended for one game or on the scheduled game on Nov. 6, 2018,” the statement wrote. “Finally, it should be stressed that the NCAA’s action on this incident was made after carefully considering the best interest of the league and the student athletes. It is in accordance with existing NCAA rules and its ultimately intended to promote the spirit of sportsmanship and discipline in the league.”FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissThe 24-year-old Perez is averaging 18.7 points, 8.4 rebounds, 3.9 assists and 3.3 steals this season, leading the Pirates to their second straight finals appearance.Lyceum reportedly appealed Perez’s suspension but the league upheld its decision. Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Allen Durham still determined to help Meralco win 1st PBA title Tim Cone, Ginebra set their sights on elusive All-Filipino crown Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college MOST READ For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Will you be the first P16 Billion Powerball jackpot winner from the Philippines? View comments
Director of the Department of Energy, Dr. Mark Bynoe, has said the sustainable development of Guyana’s recent hydrocarbon discoveries and the revenues which they will accrue have the potential to truly place the country on a sustainable development pathway.He also noted that this development is occurring at a particularly opportune time, when the country is pursuing development based on the principles enshrined in its Green State Development Strategy (GSDS).Dr. Bynoe made these statements at the University of Guyana’s ‘Turkeyen and Tain Talks 18’ event, titled “Energy for Guyana, Renewable Energy, Oil, Gas and Guyana’s Green Future”, which was hosted at the Pegasus Hotel as part of ‘Energy Week’ activities.Dr. Bynoe was among eight other panellists from a group including professors from local and international academia, among others relative to the energy sector, who made presentations to translate new concepts and foster further discussions on creating a productive, efficient, and sustainable energy sector in Guyana.In his discourse on the topic “Oil and Gas in a Green’ Guyana,” Dr. Bynoe said, “Energy is not an end in itself. It’s what it can be used for to transform the lives and livelihoods of all Guyanese going forward. Further, the GSDS is premised upon the effective management of the country’s natural resource wealth, inclusive of our hydrocarbons, supporting economic resilience and building human capital (in) Guyana.”He noted that pursuing oil and gas development does not necessarily run counter to the paradigms of the GSDS model.“It is not just about energy; it’s a development paradigm. How can we achieve these objectives in the face of Guyana’s expanding oil and gas reserve estimates? Firstly, while there continues to be substantial discussions around the utilisation of the oil revenues (as there should be), the hydrocarbon resource revenues are expected to be the catalyst for growth and funding of the GSDS, whether for example in pursuing cheap and reliable energy, including for value addition in other sectors…. We must be able to understand where the growth sectors are, and be able to target and put resources therein; and I can say, coming from my own background and what we’re already seeing in terms of the supporting structures to support the oil and gas industry, we’re already seeing an increasing demand for energy,” he said.Guyana Energy Agency’s Chief Executive Officer Dr. Mahender Sharma shared a similar view. In his presentation, titled “Guyana and Energy: A General Overview”, he said having oil and gas does not preclude Guyana from pursuing sustainable development.“I see the word ‘sustainable’ is absent from this title, but not because we have oil and gas (it) means [that] we cannot approach our energy sector development and our country’s development in a sustainable manner. We all know that we have lots of hydropower resources; we know that we get good sunshine. We’ve also learnt that the wind regime on the coast of Guyana is fairly good…and Government has been capitalising on much of this,” he said.Dr. Sharma recalled that Guyana’s hydropower potential, for example, was examined since around the 1970s, and “that is huge; it’s at the order of 7000 megawatts. Our peak demand is still about 115-118 megawatts… [or thereabouts], so we need to develop that…“The energy matrix of the future must bring in to consideration — must incorporate — what we have in Guyana, must incorporate gas, oil, if possible hydro power, solar and wind; and that diversity is what adds strength and provides us [with] the kind of energy security that we need,” he said.In this vein, Professor of Corporate Finance and Energy Investment at ITAM and CBMEX in Mexico, Jose Pablo Rinkenbach — who said his country has been producing oil for more than 100 years, and has, over the last 10 years, been creating a robust and sustainable energy sector — said there are five lessons that were learnt, which may prove valuable for Guyana at this stage of her development.“The first one has to be that you have to have an holistic approach. Don’t think just about oil and gas; think about energy, because otherwise you risk having Dutch disease…of putting all the resources into oil and gas. Having energy and energy focus will help you in order to have a right, balanced energy matrix…” he said.Having a robust regulatory framework, embracing transparency, focusing on national development, and managing information are also important, he added.This event was hosted as part of the University’s roster of activities for its “Energy Week” observance.