Tag: GDP

Economics, Renewable Energy

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

Courtney Powell

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?

Energy

Energy Intensity Index

Courtney Powell

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