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Trinidad and Tobago Prime Minister Proposes Energy Fund to CARICOM

Trinidad and Tobago's Prime Minister Kamla Persad-Bissessar (back row right) stands with other Caribbean representatives, alongside Vice President of the United States, Joe Biden (middle row left), during the Caribbean Energy Security Summit, at the State Department in Washington DC on Monday morning.

Trinidad and Tobago’s Prime Minister Kamla Persad-Bissessar (back row right) stands with other Caribbean representatives, alongside Vice President of the United States, Joe Biden (middle row left), during the Caribbean Energy Security Summit, at the State Department in Washington DC on Monday morning.

Prime Minister of Trinidad and Tobago, Kamla Persad-Bissessar, has proposed a Caribbean Energy Thematic Fund for CARICOM member states, to address regional energy security.

Speaking at the first Caribbean Energy Security Summit, which took place on Monday in Washington, DC, the prime minister reaffirmed her government’s commitment to working with the United States and other Caribbean countries in fostering a “cleaner, more sustainable energy future” in the region.

Persad-Bissessar said, “Energy is at the heart of efforts to build resilience through improved competitiveness and stronger energy security.”

She noted that resilience can be built by transforming the energy matrix in the Caribbean, which requires a three-pronged approach:

(i) improving conservation and energy efficiency,

(ii) maximizing the use of renewable energy sources and

(iii) converting to liquefied natural gas (LNG) fuelled electricity generation for the base load capacity.

The prime minister acknowledged that the cost of this solution is not supportable for countries with high debt and minimal fiscal space, and it is therefore necessary to engender cooperation for building resilience through energy security.

Persad-Bissessar proposed a methodology to work with the Inter-American Development Bank (IADB), the Caribbean Development Bank (CDB), the World Bank, the IMF and other international donors, friends of the Caribbean and the private sector to provide the method and means of achieving energy security in a considered manner that is efficient and sustainable.

She noted that the government of Trinidad and Tobago has been working in close collaboration with the IADB over the last 18 months to design a new initiative that is home-grown in the Caribbean.

“After rigorous economic analysis and technical feasibility studies and a thorough assessment of these, we have agreed as a government on the creation of a Caribbean Energy Thematic Fund for CARICOM member states,” Persad-Bissessar stated.

The target fund under discussion with the IADB will be $1 billion, with comprehensive international participation being a trigger for Trinidad and Tobago’s commitment.

The prime minister pointed out that working with traditional donors and countries with a strategic interest in the region and the private sector can provide the necessary financial and technical support to the Caribbean for bringing state of the art methods for structuring financial support to bring about the transformation of the energy sector, while at the same time maximizing public private partnerships to the benefit of people of the region.

Read more at Caribbean News Now

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One thought on “Trinidad and Tobago Prime Minister Proposes Energy Fund to CARICOM

  1. BLACK PEOPLE THAT WAS BROUGHT OVER HERE IN SLAVE SHIPS HAVE ABSOLUTELY NOTHING TO DO WITH THEM AFRICANS! THOSE AFRICANS ARE A SEPARATE NATION THEN WE ARE. YES, WE WAS IN AFRICA BUT CHECK OUT HOW WE GOT THERE!!!

    The Muslims said "they were living in great number to the south of the desert – a people cursed of God and predestines as slaves." The Muslims also called the western Sudan (West Africa) "Yahoodee" which means "The Tribes of Israel". Hebrews were also led captive into many "African" nations, by many indigenous Tribes on the west and east coast of Africa. It was these tribesmen that sold us to Muslims who in turn sold us to the Europeans. Or sometimes these tribesmen would sell us directly to the Europeans.

    I'm gonna start off by going into who the Africans are. We all know about Noah and the flood…right? Well Noah had three sons Ham, Shem and Japhet. It is interesting to note that in the Zondervans bible dictionary when you look up HAM it says this:

    HAM, the youngest son of Noah born probably about 96 years before the Flood; and one of eight people to live through the Flood. He became the progenitor of the dark races; NOT THE NEGROES, but the Egyptians, Ethiopians, Libyans, and Canaanites (Gen 10:6-20).

    Why did it say NOT the NEGROES? Because the Negroes do not come from Ham we come from Shem but we believe we are Africans because they got us from Africa but check this out! This is a book from BABYLON to TIMBUKTU by a professor Rudolph Windsor and he did some research and this is a bit of discovery I think you will find interesting!

    From Babylon to Timbuktu page 84 states:

    In the year 65 B.C. the Roman armies under General Pompey captured Jerusalem. In 70 A.D. General Vespasian and his son Titus put a end to the Jewish state, with great slaughter. During the period of the military governors of Palestine, many outrages and atrocities were committed against the residue of the people. During the period from Pompey to Julius, it has been estimated that over 1,000,000 Jews fled into Africa, fleeing from Roman persecution and slavery. The slave markets were full of black Jewish slaves.

    Deuteronomy 28:68 And the LORD shall bring thee into Egypt (bondage) again with ships, by the way whereof I spake unto thee,(your home land) Thou shalt see it no more again: and there ye shall be sold unto your enemies (the white man) for bondmen and bondwomen, and no man shall buy you (free you).

    When you read the bible it is about black people being enslaved by other nations and the LORD taking them out when they return to him.

    THE 12 TRIBES OF ISRAEL
    Judah .. The Negroes,
    Benjamin . West Indians,
    Levi … …Haitians,
    Simeon .. .Dominicans,
    Zebulun …Guatemala to Panama,
    Ephraim .. ..Puerto Rico,
    Manasseh .Cubans,
    Gad .. North American Indians,
    Reuben. Seminole Indians,
    Napthali. …Argentina to Chile,
    Asher. …Colombia to Uruguay
    Issachar . . ..Mexicans
    http://www.isupk.com

    This is how to force cows to produce milk in Africa!!!!
    http://m.youtube.com/watch?v=n8PYozPB-8I&feature=youtu.be

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