BRIDGETOWN, Barbados - RENEWABLE ENERGY will be the centrepiece of Government’s economic programme outlined by Governor General Sir Elliott Belgrave in the Throne Speech yesterday.
In the speech, a feature of the opening of a new parliamentary term, the Government committed itself to not only reducing the island’s overall $1 billion fuel bill by $150 million by 2018, but also to using hybrid and electric buses for public transportation.
Prime Minister Freundel Stuart’s administration also plans to amend legislation for energy-related sale and fees, providing a “Rapid Finance” initiative to fast-track financing for homeowners seeking to install renewable energy systems.