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Light & Power Holdings Ltd. to acquire Emera Caribbean Limited's Interest in St. Lucia Electricity Services
- By S Coward
- Published 04-Oct-11
- Economy, Trade & Investment , Environment/Energy
- Unrated
Halifax Nova Scotia & Bridgetown, Barbados -- Oct. 4, 2011-- Emera Inc. (TSX: EMA) announced today that its wholly-owned subsidiary Emera Caribbean Limited has agreed to sell its 19.1% indirect interest in St. Lucia Electricity Services Ltd (LUCELEC) to Light & Power Holdings Ltd. (LPH), also an Emera Inc. subsidiary, for US $25.8 million.
Climate Change Expected to Cost Caribbean Countries at Least 5% of Annual GDP
- By S Coward
- Published 30-Sep-11
- Environment/Energy
- Unrated
Sept. 30, 2011 --
Climate change is estimated to cost countries in the Caribbean
subregion up to 5% of annual GDP between 2011 and 2050, if actions for
mitigating and adaptation are not pursued, according to the ECLAC report
The Economics of Climate Change in the Caribbean Summary Report.
A way ahead for low carbon development - Latin America and the Caribbean Carbon Forum
- By S Coward
- Published 30-Sep-11
- Inter-American Development Bank , Environment/Energy
- Unrated
Sept. 30, 2011 - With more than 900 registered attendants from over 46 countries, the 6th Latin American and Caribbean Carbon Forum demonstrated the growing interest in the future of the Clean Development Mechanism (CDM) and in emerging instruments that can lead to a new development paradigm: Low carbon development supported by a new framework for climate financing mechanisms.
US firm to generate electricity from tropical waters in the Bahamas
- By S Coward
- Published 27-Sep-11
- Environment/Energy
- Unrated
Sept. 27, 2011 - Ocean Thermal Energy Corporation (OTE
Corporation) from Lancaster, Pennsylvania (US) has won a contract to
design its first two commercial plants that generate electricity from
temperature differences in ocean water.
Remarks At the High-Level Caribbean-U.S. Conference
- By S Coward
- Published 23-Jun-11
- Environment/Energy , Government, Politics, Int'l Relations
- Unrated
June 23, 2011 - Hillary Rodham Clinton, Secretary of State -: Today, I am pleased to announce that even in these very difficult budget
times in the United States, our country is deepening its commitment to
the Caribbean Basin Security Initiative with $77 million in funding for
fiscal year 2011. That is an increase of more than 70 percent over the
previous year. Security is a core concern for all of us, and the United
States is honored to support your efforts.
IDB launches regional initiative to support Sustainable Aviation Biofuels in Latin America and the Caribbean
- By S Coward
- Published 09-Jun-11
- Environment/Energy
- Unrated
June 9, 2011 - The Inter-American Development Bank (IDB)
announced today the approval of a regional cooperarion to help public
and private institutions develop a sustainable biojet fuels industry
employing different kinds of local organic feedstock.
EPA Begins Study of Air Pollution Near HOVENSA Oil Refinery in St. Croix, US Virgin Islands
- By S Coward
- Published 15-Feb-11
- Environment/Energy
- Unrated
St. Croix, USVI -- Feb. 15, 2011 - The U.S. Environmental Protection
Agency (EPA) has begun a three-month study of air pollution from the
HOVENSA oil refinery and other sources of air pollution near the
facility in St. Croix, U.S. Virgin Islands.
IDB, JICA to promote renewable energy and energy efficiency in Latin America and the Caribbean
- By S Coward
- Published 17-Jan-11
- Environment/Energy
- Unrated
TOKYO, Japan - The Inter-American Development Bank (IDB) and the Japan International Cooperation Agency (JICA) signed a Memorandum of Understanding to support renewable energy and energy efficiency for the mitigation of climate change in Latin America and the Caribbean.
Guyana: Oil and gas industry prospects still high – President Jagdeo
- By S Coward
- Published 17-Jan-11
- Environment/Energy
- Unrated
Georgetown, Guyana - Jan. 17, 2011 -- Tullow Oil, a London-based Company is expected to commence drilling in
April in the Guyana basin and has invested huge in the Jaguar Well
through a joint venture with REPSOL, a leading international oil
exploration company out of Spain.
Conduit Capital to Build $127 Million Power Plant in Jamaica
- By S Coward
- Published 17-Dec-10
- Environment/Energy
- Unrated
Dec. 17, 2010 -- Conduit Capital Partners LLC, a
private equity investment firm focused on energy infrastructure investment and
development in Latin America and the Caribbean, today announced that it will
build a $127 million power plant in West Kingston, Jamaica.
Rising sea level threatens 'hundreds' of Caribbean resorts, says UN report
- By S Coward
- Published 01-Dec-10
- Environment/Energy
- Unrated
Dec. 1, 2010 -- Rising sea levels caused by climate change are set to cause damage of
billions of dollars to the islands states of the Caribbean by the
middle of the century, including wiping out more than 300 premium
tourist resorts, a remarkable new report suggested yesterday. View CARIBSAVE Summary Report.
Nevis Premier welcomes Phase II of geothermal development project
- By S Coward
- Published 20-Nov-10
- Environment/Energy
- Unrated
Charlestown -- Nov. 20, 2010 -- Premier of
Nevis and Minister of Finance in the Nevis Island Administration (NIA)
Hon. Joseph Parry, welcomed the news of Phase II, the next major stage
of geothermal development which is slated to commence in earnest in
late January early February 2011. He said the progress would mean a lot
to the government of Nevis.
Government of Canada helps Caribbean Countries Reduce Impact of Natural Disasters
- By S Coward
- Published 14-Oct-10
- Environment/Energy
- Unrated
Oct. 14, 2010 -- The Government of Canada, through the Canadian International
Development Agency (CIDA), will support the Canadian Red Cross's
efforts to assist Caribbean countries and local communities to better
prepare for natural disasters.
Barbados to boost renewable energy use, reduce fossil fuel dependence with IDB help
- By S Coward
- Published 16-Sep-10
- Inter-American Development Bank , Environment/Energy
- Unrated
Washington -- Sept. 16, 2010 -- Barbados will boost its use of renewable energy sources and reduce its reliance on fossil fuels with assistance from a US$45 million loan from the Inter-American Development Bank.
Abraham-Hicks: The power of the mind is everything
- By S Coward
- Published 28-Jul-10
- Environment/Energy
- Unrated
