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CARICOM exploring renewable energy
by Roxanne Stapleton
Trinidad and Tabago Express Translate This Article
8 September 2006
On 8 September 2006 Trinidad and Tabago Express reported:
The Caribbean Community and Common Market (CARICOM) is looking at the development of 26 renewable energy projects in response to skyrocketing energy costs.
Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.
Trinidad and Tobago Energy Minister Dr Lenny Saith said, 'These projects comprise nine wind energy, four solar energy, three hydro power, five geothermal energy, and five solid biomass.'
As the costs of implementing these programs are quite high (US$414 million), CARICOM is developing the Caribbean Renewable Energy Fund (CREF), which will provide investment opportunities.
Mr Trevor Boopsingh, Chairman of Caribbean Energy Specialists, explained that for most Caribbean islands, 'energy security' means 'price stability'.
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Knowledge based—programmes to bring the support of Nature to every individual, raise the quality of life of every society, and create a lasting state of world peace.
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