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A lot of $$$ leaving VI through fossil fuel importation– Premier
PARAQUITA BAY, Tortola, VI – Virgin Islands (VI) Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) is encouraging more persons to take advantage of green incentives not just for the environment, but to save on the amount of money leaving the VI economy through the purchase of fossil fuels.
Going green could save VI nearly $80M in 5 years –Premier
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Hon. Andrew A. Fahie (R1) said if 60 per cent of residents of the Virgin Islands decided to take advantage of the two-year duty-free and transition into going green, making use of renewable energy sources like solar and wind-powered energy, the territory could save $15 million per year or close to $80 million in the next five years on fossil fuel.
Bitter lessons from Nigeria- Part 2
By Dickson Igwe
Nigeria’s parlous state is a lesson to all nations and societies. Wholesome values and moral principles are at the core of any type of social and economic progress and development. Values decide national destiny. Values determine the effectiveness of a country’s institutions. The pursuit of social and economic development, outside of a wholesome national values system, is tantamount to building a house on sand.
Caribbean leaders sign communiqué for protection of environment
NECKER ISLAND, VI- Moving away at an accelerated pace from the use of fossil fuel and making 20 percent of their countries into marine reserves are some of the pledges that delegates at the Summit for Political and Business Leaders in the Virgin Islands have made.
Should Gov’t buy solar water heaters & LED lights for residents?
ROAD TOWN, Tortola, VI – As the demand for energy continues to rise and in an effort to reduce the Territory’s dependency on fossil fuel, Minister for Communications and Works Hon. Mark Vanterpool is proposing that government purchase solar water heaters and LED lights for residents which they will repay for over a period of time.
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