Rethinking energy, tt, you, me gaz 67 for sale


IAMovement is an NGO founded in 2014 by a group of young people who want to effect positive change. kite electricity generation Their activities and events raise awareness on key social, environmental, social and economic issues and are intended to educate and empower individuals so that we can each make a difference, even if government policies run counter to what is in the national interest. The group has provided one of the important platforms for discussion and dialogue on current important issues and collaborates with other young people in Sustain T&T and the 2Cents Movement, for example, who have similar missions.

Having organised the PoS People’s climate marches, held climate talks across the country and led the charge to secure a national ban on styrofoam, they now have turned their attention to a REThinking Energy campaign. They secured funding from the National Gas Company and backing from the European Union and others to make three five-minute videos about the economics of energy in this country. The short films target all of us, including secondary school students. 9gag tv The first two–on the natural gas shortage and on the electricity subsidy can be seen on YouTube. electricity grid uk The third, which deals with solutions for TT and sets out a sustainable energy roadmap 2021-2030, will be uploaded tomorrow. See

There is much to learn about the enormous privileges we take so completely for granted, such as the increasingly difficult-to-justify energy subsidies which contribute to our careless environmental attitudes and to our being, in 2017, the world’s most energy inefficient country per dollar of GDP generated, according to the Economist. mp electricity bill payment That is staggering considering we are one of the smallest countries, geographically.

The first film, TT’s Opportunity Cost, Our Opportunity Lost underlines the effect of the unrealistic price we pay for the electricity generated by TTEC from our national gas–US$130 million instead of US$300 million (market value) for 252 million standard cubic feet per day. If that roughly two-thirds cost subsidy had been used in the production of methanol and ammonia instead we could have sold those by-products on the international market and earned the country US$140 million in revenue, not to mention employment factors. static electricity bill nye Over five years the loss totals US$3.7 billion which could have been used to develop the country.

Film 2, The Electricity Subsidy, briefly examines what we can do to reduce our heavily subsidised electricity consumption and sets out the ridiculous economics of electricity supply in TT. In 2015, TTEC was running at an annual loss of $900 million (US$130 million) because the real cost of turning gas from NGC into electricity is 44 cents per kilowatt hour but consumers pay only 34 cents per kWh. So, not only is the Government subsidising our individual usage, having already subsidised the cost of the gas going to TTEC, the company is making no money and cannot afford to pay its debt to NGC of over $4 billion in 2018. It is a cliche to say this but any schoolchild could see the nonsense of that equation. What is remarkable is that we should have got ourselves into this position.