Tuesday, July 12, 2016

M.N.: Now it is understandable what are the reasons for this "resistance" to switch to solar energy: they will not be able to steal from the PREPA oil deals.

"The irony in the Puerto Rico debt story is that the island is blessed with abundant sunshine, a resource that is all but ignored in the plan to switch the power authority from its current imported-oil-dependent grid to one tied almost completely to imported natural gas.
Indeed there is inexplicable and staunch institutional resistance in Puerto Rico to harnessing solar energy, which is now cost-competitive with traditional electricity-generation and spreading globally. A report we published in September shows how a new mindset among elected officials and utility managers would help right the ship." 
M.N.: Now it is understandable what are the reasons for this "resistance" to switch to solar energy: they will not be able to steal from the PREPA oil deals. 


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