Green Puerto Rico
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Green Puerto Rico is a series of green reforms, geopolitical market transmutations and ecotourism movements established by Luis Fortuño during his second term as Governor of Puerto Rico.
Proem
Reducing cost and stabilizing the price on electricity to better the competitiveness of the island in order to start producing energy in a clean green way and create green employments.
Renewable energy
On July 19, 2010, Fortuño signed three energy bills to reduce the island's dependence on oil and cut energy costs.[1][2]
- Law for Energy Diversification by Means of Sustainable Renewable Energy
- Renewable Energy Certificates
- Energy Tax Incentives Act of Green Puerto Rico
The first of the measures signed is the Law for Energy Diversification by Means of Sustainable Renewable Energy. It sets compulsory targets for reduction in conventional energy use and increased use of renewable energy. Under this portfolio, the law requires us to produce 12 percent renewable energy by 2015 and 15 percent for 2020. Development of a plan to achieve 20 percent energy production from renewable and alternative sources by 2035 is also required.
The second measure is the Energy Tax Incentives Act of Green Puerto Rico. This law allows all citizens to contribute to solving the energy problem. Citizens who qualify may receive up to 60 percent cash reimbursement for investment in renewable energy for homes and small businesses, and up to 50 percent for midsize businesses that install energy efficient equipment. In addition, the bill provides for a Green Energy Fund, which provides $20 million in 2011 and increases to $40 million in five years for a total of $290 million intended to promote this industry.
It also establishes Renewable Energy Certificates (RECs) as the main financial mechanisms to achieve these goals and validates them as legally recognized assets that can be purchased, sold, traded and transferred separately from electric power. It also provides for the creation of a permanent Renewable Energy Commission comprised of seven (7) members named by the governor for a four-year term. All legislative measures will create more than 10,000 green jobs over the next five years and achieve an estimated investment of $4 billion over the next 10 years.
Green island
On August 2010, the Governor of Puerto Rico signed several laws and bills to promote ecotourism in the Green Triangle. [3]
Green building
By the end of 2011, the Minillas Government Center will be a green building under a $12 million refurbishment that will allow the complex to cut its energy costs by 25% or $1.4 million a year. Once the project is completed, the objective is for the installation (which includes the Museum of Art of Puerto Rico and 9 public agencies) to reduce its monthly electrical bill to $225,000 from the current $450,000.[4]
Urban sustainability
The Sheraton Hotel of Puerto Rico at Isla Grande Boulevard becomes the first in the Caribbean Basin built and certified by Leadership in Energy and Environmental Design of the U.S. Green Building Council. This building complex within the District of Santurce is distinguished for fulfilling all the requirements of a LEED CERTIFIED HOTEL with electrical models, recycling, disposal of construction materials, and the use of local and recycled materials. According to Anthony Torres, the hotel also runs with environmental rules involving energy consumption, quality and filtration of air, green cleaning detergents and materials, and a controlled laundry process designed to maximize the use of natural resources.[5]
Dubbed (Green Route), the pipeline will distribute natural gas from the Peñuelas~Guayanilla area north to the Arecibo Cambalache Plant on to Palo Seco~San Juan.[6]
EECBG
On August 9, 2010, Utuado, Adjuntas and Jayuya were 3 of the 37 municipalities in Puerto Rico to be granted a joint total of $455K for renewable energy and energy conservation projects as part of the Energy Efficiency and Conservation Block Grant of ARRA.[7]
References
- ^ the Daily Sun Staff. "Governor signs three energy bills". Puerto Rico Daily Sun. Retrieved 2010-7-20.
{{cite web}}: Check date values in:|accessdate=(help) - ^ CB Online Staff. "Governor inks three renewable energy measures". Caribbean Business. Retrieved 2010-7-20.
{{cite web}}: Check date values in:|accessdate=(help) - ^ Inter News Wire Service. "Gov. signs laws to help Vieques go green". Puerto Rico Daily Sun. Retrieved 2010-8-3.
{{cite web}}: Check date values in:|accessdate=(help) - ^ Neggers Crescion. "Minillas Government Center going green". Puerto Rico Daily Sun. Retrieved 2019-11-23.
- ^ Saturday, August 7, 2010, Puerto Rico Daily Sun: Economy Page 12 (Daily Sun Staff)
- ^ Hernández, Gina. "Governor green lights natural gas pipeline". Caribbean Business. Retrieved 2010-8-09.
{{cite web}}: Check date values in:|accessdate=(help) - ^ the daily sun staff. "Green Energy finally arrives to the inner island". Puerto Rico Daily Sun. Retrieved 2010-8-10.
{{cite web}}: Check date values in:|accessdate=(help)
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