Search Result for: fuel prices

44 results found.

A New Way For Trinidad and Jamaica to Work Together

By Paul Hay CJ Contributor William Demas, former Head of the Economic and Planning Division of the Government of Trinidad and Tobago,  compared the five-year national plans of Jamaica and Trinidad and Tobago (T&T) in his book The Economics of […]

The Jamaican Economy’s Biggest Problem

By Dennis Chung CJ Contributor ON Wednesday I attended the presentation of a report by Professor Vanus James that examined the foreign exchange policy, and what is most appropriate. The study was initiated by Edward Seaga, and is a very […]

Jamaica Aiming to Generate 30 Percent of Energy from Renewables by 2030

Above: a Caribbean wind farm (CJ Photo) By the Caribbean Journal staff Jamaica is committed to diversifying its energy generation, and is aiming to generate 30 percent of its energy mix from renewables by 2030, according to State Minister for […]

IMF: “Slow Recovery May Be Underway” in St Vincent and the Grenadines

Above: Bequia (Photo: Discover St Vincent) By the Caribbean Journal staff Economic indicators suggest that a “slow recovery may be underway” in St Vincent and the Grenadines, according to the International Monetary Fund, which recently concluded a visit to the […]

Paulwell: Jamaica Aiming to Introduce Liquefied Natural Gas By 2015

Above: Jamaica Energy Minister Phillip Paulwell By the Caribbean Journal staff Jamaica is planning to introduce Liquefied Natural Gas in Jamaica by 2015, despite a recent decision by the government to remove itself from the process of fuel selection. In […]

Puerto Rico Governor Luis Fortuño Launches New Punta Lima Wind Farm

Above: Governor Luis Fortuño touring turbines at the Santa Isabel farm earlier this year (Photo: OG) By the Caribbean Journal staff Puerto Rico has unveiled the Punta Lima wind farm in Naguamo, the second wind farm to be launched in […]

World Bank: Central America, Caribbean Can Reduce Dependence on Oil

Above: a wind farm in Nevis (CJ Photo) By the Caribbean Journal staff Central American and Caribbean countries can reduce their dependence on oil through a combination of renewable energy, energy efficiency initiatives and regional energy integration, according to a […]

Interview With Barbados Energy Minister Senator Darcy Boyce

Above: Minister Darcy Boyce (CJ Photo) By Alexander Britell Like the rest of the Caribbean, Barbados is working to deal with the problem of increasing energy costs. With imported fuel dominating foreign exchange and the accordant high gas prices putting […]

IMF: Risks to Jamaica’s Economic Outlook “Tilted to the Downside”

Above: Montego Bay By the Caribbean Journal staff The outlook for Jamaica’s economy is one of low growth, along with weaker debt and fiscal positions, in the absence of strong fiscal and structural reforms, according to a report from the […]

Op-Ed: Liquefied Natural Gas, Nuclear Power and the Environment in Jamaica

By Ramesh Sujanani Op-Ed Contributor There was an article in the Jamaica Gleaner last week describing the choice of an Liquefied Natural Gas plant (Fossil Fuel) for handling up to 460 megawatts over the next three years. We have probably […]

St Lucia Prime Minister Explains VAT

Above: St Lucia Prime Minister Dr Kenny Anthony By the Caribbean Journal staff St Lucia Prime Minister Dr Kenny Anthony explained the soon-to-be-implemented Value Added Tax in his budget address this week, clarifying a set of goods and services that […]

Barbados Needs “Serious Rethink” of Country’s Agricultural Model

Above: crops in Barbados By the Caribbean Journal staff Barbados needs a “serious rethink” of its agricultural model, according to National Agricultural Commission Chairman Dr Chelston Brathwaite. “This colonial agricultural model favours a small mercantile minority of the society but […]

US Virgin Islands Governor John de Jongh Meets with Danish Ambassador

Above: USVI Governor John de Jongh and Danish Ambassador Peter Takso-Jensen By the Caribbean Journal staff Discussing a host of issues including green energy, climate change and business opportunities, US Virgin Islands Governor John de Jongh met with Danish Ambassador […]

Interview with John Ashton, UK Special Representative for Climate Change

By Alexander Britell “It was the voice of the Caribbean that changed the world at Durban,” says John Ashton, the UK Foreign Secretary’s Special Representative for Climate Change. The Caribbean, perhaps more than any region in the world, faces an […]

St Kitts Wind Farm Contract Under Review

Above: WindWatt’s wind farm in Nevis (Photo: CJ) A contract signed by the United States Overseas Private Investment Corporation to fund the first phase of the wind farm at Bel Vue in St Kitts is under review, according to Prime […]

Barbados Finance Minister: Mideast Unrest Could Hurt Regional Economies

Minister of Finance Chris Sinckler If the unrest in the Middle East and North Africa continues, it could harm Caribbean economies, Barbados’ Minister of Finance, Chris Sinckler, has warned. “Our main assumption was that the main impact will be felt […]

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