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A lot of $$$ leaving VI through fossil fuel importation– Premier

- Persons encouraged to take advantage of incentives for ‘Going green”
Virgin Islands (VI) Premier and Minister of Finance, 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 fosse fuels. Photo: Internet Source
Premier Dr. Natalio D. Wheatley made the statements while delivering the 2024 Budget address on the need for the VI to start adopting more green energy solutions. Photo: HoA/Youtube
Premier Dr. Natalio D. Wheatley made the statements while delivering the 2024 Budget address on the need for the VI to start adopting more green energy solutions. Photo: HoA/Youtube
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.

Premier Wheatley made the statements while delivering the 2024 Budget Address at Eileene L. Parsons Auditorium, H. Lavity Stoutt Community College in Paraquita Bay, Tortola on November 21, 2023.

The Finance Minister said the VI needs to start adopting more green energy solutions.

“Madam Speaker, it is a well-established fact that Going Green is good for the environment and has the potential to save money. A lot of money is spent in fossil fuel, and because fossil fuels have to be imported, this is also an avenue by which a lot of money leaves our economy.” 

Premier Wheatley added that, in addition to the cost savings, fossil fuels remain a dirty form of energy. 

“There are a lot of benefits from green procurement, and it is the policy of the Government to ensure that green technology and practices are factored into public projects. We continue to urge persons to embrace the incentives for transitioning to renewable energy, so that we can lessen our carbon footprint and save money,” he said.

Green Pledge Drive launching soon - Premier 

The Premier said within the next few weeks, the Ministry for the Environment and Climate Change will be launching the Green Pledge Drive.

“The Green Pledge Drive seeks to scale up the existing Green Pledge programme which encourages all businesses and organisations, including Government agencies, to go “green” by reducing environmental impacts during both development and operations. Government will lead by example by making a Public Service Pledge,” he detailed.

The Premier’s statements come as the locals, including the main opposition, have been calling for ways to reduce the cost of fuel and electricity in the Virgin Islands (VI).

18 Responses to “A lot of $$$ leaving VI through fossil fuel importation– Premier”

  • ? (29/11/2023, 12:23) Like (15) Dislike (1) Reply
    What incentives?
  • wondering (29/11/2023, 12:28) Like (14) Dislike (1) Reply
    When are we getting the balance of our Increments?
  • NB (29/11/2023, 12:46) Like (31) Dislike (1) Reply
    Sometimes I read these speeches and I literally cry. I cry cause I could never understand how persons who are supposed to lead can be so clueless and shameless regarding what the say and what they do. Mr. Wheatley, sah, you said y'all does factor in green technology in public projects. Name a few recent projects sah built with such tech. the high school was recently built with not even a cistern, cafeteria, nor even a gym. Yes, sports and Exercise is important. You have the entire admin complex renovating, the entire top should have in Solar panels to power the entire building. Tell me oh wish one, was this done? Y'all lead by example rather than come here telling people to froth. Ah sick ah aye meson. sick ah ayo. Somebody call a no confidence please and thanks, anybody?
    • RedStorm (01/12/2023, 05:31) Like (1) Dislike (0) Reply
      I feel the pain. I think the Madame Speaker must be laughing hard inside, while keeping she face straight.sI cannot for the life of me envision that it will get worst. Printing up papers filling up forms and paste things on the doors of businesses tells that they are going green. It’s really laughable!

      Get some action her mehson, honorable people. It’s not going good outside of the bubble you all are seemly living in.

      Image some people done work since November 15, they haven’t seen one cent of pay in their account, November 30 come and the boss decide to write a check for 500$ , saying he ain’t get his check yet.
  • black (29/11/2023, 12:58) Like (12) Dislike (1) Reply
    I you take the tax off the fuel that would be a good starting point!!!!
    Going green is a BS lie from hell, you and all the rest jokers knows this!
    STOP fooling y'all self with this nonsense.
    What is the ROI on going green?? non of the green deal equipment is recyclable ask green VI, they can't get what they been collecting shipped out the BVI all now.
  • Styles (29/11/2023, 13:12) Like (2) Dislike (2) Reply
    See the man needed to be at cop 28 he knows a thing or two
  • Always Behind (29/11/2023, 13:26) Like (17) Dislike (1) Reply
    From since before Peter Island put up windmills, the opportunities were right there to adopt solar, wind, and other forms of energy. But we always need to be last in line.
  • talk that! (29/11/2023, 13:43) Like (14) Dislike (1) Reply
    Plenty leaving when free concerts are hosted too
  • Really (29/11/2023, 13:53) Like (6) Dislike (11) Reply
    Wake up people this is the ELITES script. This is how they implement the New World order with electric car. They have full control of your car and they can shut it down because it is computerized. I feel for the sheeps you all with be lost when the New World order hit you hard. They have so much different things going on to bring in the new AI world
  • Bingy (29/11/2023, 14:08) Like (15) Dislike (0) Reply
    Does this man even understand what he is saying? For anybody to take proper advantage of alternative energy they would need lots of CASH to start the process. Clueless guy!
  • GateKeeper (29/11/2023, 14:20) Like (6) Dislike (2) Reply
    Indeed, the VI should do its small and commensurate part/ share in reducing the global carbon footprint. Nevertheless,,while small locales and small contributors as the VI do their fair share, major contributors like the US, India, China among others continue unabated to spew hazardous and unhealthy ozone depletions emissions into the atmosphere, meeting their increasing consumers demand for more consumer products. The mega contributors must do their fair share to protect the environment. Instead, and in the meantime, small locales as the VI contributes the least per capita but is being negatively impacted the most. The VI is suffering from and experiencing a negative externality as a result of climate change. The VI and other small locales are the canaries in the coal mine for the raging impacts of climate change.

    Moreover, in regards to the leakage of dollars from the VI because of the total import and use of fossil fuel. Well, the VI is energy insecure and resource -poor. Additionally, in spite of the robust drive towards renewable energy, oil/fossil fuel is King. Oil has replaced gold as the power broker in world economies. The countries that produced oil run things with many conflicts occurring over oil. Oil has made former impoverished countries now extremely wealthy, ie, Middle East countries, and has an interest in delaying the shift, transition to renewable energy.

    Yes, VI is leaking money out of its economy for fossil fuel, for it has no oil to extract, refine and distribute locally, so it has it has to import oil like almost a 100% of its other needs. It is resource-poor with a service-based economy. Government must developed a structured, concrete plan for reducing the dependence on fossil fuels, shifting towards renewable energy. It needs more that glib talk to make things happen.
  • lol (29/11/2023, 15:23) Like (5) Dislike (0) Reply
    What isn't imported into the BVI?
  • See (29/11/2023, 16:24) Like (5) Dislike (1) Reply
    Going green is just a load of bs being used as a money maker. Wake up
  • TALKING FART (29/11/2023, 16:38) Like (3) Dislike (0) Reply
  • A Capitalist Who Loves the BVI (29/11/2023, 17:07) Like (6) Dislike (1) Reply
    One thing not mentioned is that if a homeowner installs a full-scale solar battery system, such as TESLA's, the homeowner must completely disconnect from the grid, OR pay a "license fee" to the government if it wants to use its power as a back up. My understanding is that this license fee is exhorbitant, and comes close to what the cost would be if the homewner was on the grid all of the time. And oh yeah, here's an article from July saying that "da gub mint" was looking for ways to "incentivise" people to go green: Shocking that nothing has happened since then, and that it was just more talk....
  • Simple Math (29/11/2023, 17:08) Like (4) Dislike (3) Reply
    Import more gas/diesel vehicles = More gallons of gas/diesel consumed. Green Pledge is just meaingless words

    Maybe its time for a limit on gas/diesel vehicles in the BVI?
  • Fam (29/11/2023, 20:18) Like (1) Dislike (0) Reply
    The VI is in a unique place, we can either hitch our wagon to a star or a mule.
  • BuzzBvi (02/12/2023, 00:19) Like (0) Dislike (0) Reply
    We should spend some money and bring Solar Power to Anegada.

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