contributed by Bill Bardelmeier
Global power producer, AES Corp, has been investing heavily in alternative energy projects, including a landfill gas project in El Salvador.
The Virginia-based company has been seeking Bahamas government approval to build a regasification plant for liquified natural gas on Ocean Cay off Bimini for years. The plant would supply gas imported from Trinidad via pipeline to power plants in South Florida.
The US imported 10.71 million tons of LNG in 2007. Prices have increased to almost $12 per million energy units compared to $ 17 for heavy oil.
The landfill gas plant in El Salvador will produce 25 megawatts of energy, using methane that would otherwise contribute to global warming. Methane is a more potent greenhouse gas than carbon dioxide.
AES has also invested a billion dollars in solar projects and has been aggressively expanding its wind generation business with projects in Europe and the United States. The company owns hundreds of traditional power plants in more than two dozen countries.
So why doesn't AES invest some of that solar in Florida. At the end of the day LNG is still a fossil fuel which contributes to global warming and climate change, AND the LNG will not be used to power The Bahamas - instead we will bear the brunt of Florida's dirty energy now and well into the future. Wake up Bahamas Say NO to Florida's LNG.
Posted by: Sam Duncombe | May 19, 2008 at 05:46 PM