While agreeing that PetroCaribe could be a disincentive for investments in domestic renewable energy, Alexander Ochs, Director of Climate and Energy at WorldWatch Institute noted, “Caribbean governments are increasingly aware of the enormous financial, environmental and social costs associated with continued dependence on fossil fuels.” (…)
“Even if the problem of global warming did not exist, and the burning of fossil fuels did not result in extensive local air and water pollution, CARICOM would still have to mandate to transition away from these fuels as swiftly as possible for reasons of social opportunity, economic competitiveness and national security, ”said Ochs, one of the authors of the new Caribbean Sustainable Energy Roadmap and Strategy (C-SERMS) Baseline Report and Assessment, launched on October 28. (…)