Despite having an abundance of wind and sunshine, Caribbean countries have found that going green is requiring significant shifts in policy, and most importantly, significant financing.
But despite these challenges, they are not daunted. Barbados, for instance, which spends an estimated 400 million dollars annually on fossil fuel imports, has announced plans for a wind, gas and solar energy programme that requires almost one billion dollars in investments.
“The cost of renewables has fallen significantly and [they] are now for the most part cost competitive with traditional sources of energy." -- Selwin Hart
“Plans for the area include a 680-million-dollar waste-to-energy plant; a leachate treatment plant costing about 31.9 million dollars; a landfill gas-to-energy project to cost 9.4 million dollars; a solar project costing 120 million dollars; and a wind-to-energy facility projected to cost 24 million dollars,” said Environment Minister Dr. Denis Lowe.
See full Article: http://www.ipsnews.net/2014/01/caribbean-walks-talk-clean-energy-policy/
Posts
