Tuesday, July 16, 2013

Bill Clinton: Puerto Rico Can Lead Entire Caribbean Toward Energy Independence

Bill Clinton: Puerto Rico Can Lead Entire Caribbean Toward Energy Independence

July 16, 2013 | 3:24 pm |Print
Bill Clinton: Puerto Rico Can Lead Entire Caribbean Toward Energy Independence
Above: Gov. Alejandro Garcia Padilla and former US President Bill Clinton

By the Caribbean Journal staff
Puerto Rico has a large-scale solar project in the works, along with a pair of new wind farms. And if it plays its cards right, the US territory could lead the entire Caribbean toward a green future, according to former United States President Bill Clinton.
Clinton arrived in Puerto Rico this week as part of a push to promote green energy on the island, first meeting with Governor Alejandro Garcia Padilla and then delivering a speech on energy and climate change at the Conservatorio de Musica de Puerto Rico Tuesday afternoon.
“You clearly in Puerto Rico have a chance to lead the entire Caribbean in a move toward being energy independent,” he said. “You have a chance to set an example to the world in having an energy policy that allows economic growth and environmental responsibility.”
He said that, as in countries around the Caribbean, high energy costs were crippling economic growth in Puerto Rico.
“Whenever an economy has a cost that is glaringly out of line with its competitors, it is a severe constraint on growth,” he said.
“I I were planning Puerto Rico’s economic future, and wanted to keep the unemployment rate down and stop outmigration of Puerto Ricans and encourage them to come home, I would ask myself, ‘what can I do to increase the economic growth rate here in a way that generates more good jobs?’” he said. “The most obvious answer is to cut the cost of energy.”
Clinton offered several solutions – suggesting both a “Puerto Rican strategy and a neighbourhood strategy and eventually a Caribbean strategy” for energy.
That would involve looking to liquefied natural gas and increased solar and wind, the cost of which had fallen dramatically in recent years.
“Ultimately, the goal should be to liberate you from any reliance on oil in the generation of your electricity,” he said.
Recent years have seen a growth in green energy projects in Puerto Rico, highlighted by new wind farms in Santa Isabel and Punta Lima and a major solar energy project in Guayama.
And Clinton said projects in nearby countries like Haiti and the Dominican Republic underscored the promise of green energy for the Caribbean.
He specifically mentioned the Mirebalais Teaching Hospital in Haiti, which is entirely powered by solar energy and is the largest solar-powered building in the Caribbean.
“[Puerto Rico] could lead the whole Caribbean away from oil, away from the turbulence that climate change will be toward a more sustainable economy and a much more affordable one for the people who already live here, already work here and could use a little lower utility bill to invest in other things which will generate more economic growth by far,” he said.

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