Government moving to enact legislation to develop green energy
BRIDGETOWN, Barbados, CMC – The Barbados government will table legislation next month to promote green energy, Finance and Economic Affairs Minister Chris Sinckler has said.
Sinckler said the Freundel Stuart government has devised practical ways to build out the alternative energy sector through policy, legislation and fiscal incentives, which will ensure that in terms both of supply and demand, there are reasonable and cost effective solutions available.
“In the short term, our energy conservation activities are critical, but in the medium to long term, if we want to have a sustainable reduction in the amount of foreign exchange we spend on fuel oil, it would mean that we would have to employ strategies to build out a strong, vibrant and productive alternative energy sector,” he said.
You may also be interested in:
La CSME, la seguridad alimentaria y la financiación climática encabezan la agenda de la Cumbre de CARICOM en las Bahamas.
The CARICOM Single Market and Economy (CSME); food security; climate change and climate finance; health; and security will be among the major topics when Heads of Government of CARICOM Meet in The.
La Secretaría de CARICOM y la Agencia Caribeña para Soluciones de Justicia (CAJS) forjan una alianza para acelerar la transformación digital.
The CARICOM Secretariat (CCS) and the Caribbean Agency for Justice Solutions (CAJS) have come together in a significant partnership aimed at advancing digital transformation and enhancing service..