Cuba could beat US energy blockade with $8bn investment in renewables, says thinktank
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Cuba could beat US energy blockade with $8bn investment in renewables, says thinktank
"Cuba could show its Caribbean neighbours the way to a green energy future with just an $8bn investment, funding enough renewable energy to cover 93.4% of its electricity generation needs."
"For less than $20bn, Cuba could become the first country in the Caribbean to have a grid powered entirely by renewables, gaining complete energy independence from the US."
"The US's energy dominance strategy seeks to entrench dependence on fossil fuels, stall the green transition and strengthen US power, but cheap solar power and battery storage weaken such a strategy."
Cuba could overcome the US energy blockade with an $8bn investment in renewable energy, covering 93.4% of its electricity needs. For under $20bn, Cuba could establish a fully renewable-powered grid. The US blockade has severely impacted Cuba's energy supply, leading to blackouts and a collapsed electric grid. The Common Wealth thinktank's analysis suggests that renewable energy could provide Cuba with independence from the US and serve as a model for the Caribbean. The shift to renewables counters US strategies that promote fossil fuel dependence.
Read at www.theguardian.com
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