Economics, Renewable Energy

Can Renewables Address the Economic, Social and Environmental Goals in the Caribbean?

The International Renewable Energy Agency (IRENA) in a ninety four (94) page publication titled "REthink Energy towards a new power system" articulated the point that policies that promote renewable energy can simultaneously address economic, social and environmental objectives. I too share this sentiment. As global warming becomes more apparent, policymakers in the developed world have… Continue reading Can Renewables Address the Economic, Social and Environmental Goals in the Caribbean?

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Energy

Energy Intensity Index

So what is Energy Intensity index exactly and why is it important? Energy intensity is a measure of energy conversion that is expressed as the amount of energy consumed per unit output. The energy intensity index (EII) is used to measure the efficiency of a country's economy and is expressed as the ratio of a nation's… Continue reading Energy Intensity Index