Santo Domingo.– Dominican
President Leonel Fernandez proposed a $40 billion fund to be made available
on easy terms to poor countries to help them buy oil.
At a press conference
Fernandez said that while high oil prices
have pushed much of the world into a grave crisis, the oil producing countries
are reaping a rich harvest from the price spiral.
"I'm suggesting that (oil) producing and exporting countries set
aside $40 billion of that $1.3 trillion surplus (revenue) so that the group of
57 countries with a per capita income of $6,000 or less has access to long-term,
low-interest loans, concessions and investments through international financial
organizations," he stated.
Fernandez included within the group of impoverished countries 14 in Latin
America, including the Dominican Republic and Haiti, 25 in Africa, 15 in Asia
and one in the Middle East.
The Dominican leader hailed Venezuela's leftist President Hugo Chavez for
setting up of the Petrocaribe, a Venezuelan-Caribbean oil alliance aimed at
helping the Caribbean nations purchase oil on easy terms.
From: Dominican Republic
To begin with the DR isn't really a "poor country".
If the government were to reduce it's own portion of the National Budget by reducing it's rate of employment, tell the transportation unions to "go stuff it" with their monopolistic attitude, really allow the economy to float to the height of it's capability, create and economic atmosphere that would encourage more internal investment, effectively balance it's own budget through true austerity, then the country would end up head and shoulders above the rest of the LA/C countries post haste.
What he is suggesting is that the"oil producing counries" subsidize the "poor countries" so they can carry on their corrupt practices without interruption.
GET REAL, LEONEL and start the "AUSTERITY PROGRAMS" within your Administration that you have spoken of so often by getting rid of all your non-productive cronies in government.
TexasBill
From: United States
What the F*&# its "Chivo Harto de Hobo" talking about, why is he so worry, he said the "Metro" will solve the transportation problem, then now, he wants free money so he can Govern Dominicans in order to steel 10% of the national budget.
Sir, your not more than a "Freak of Nature". This is the guy who said that only him can solve Dominicans problems, that his policies are directed to develop DR.
Wait until the treasury started to pressure US investor on DR, then you'll see DR baking under the no so nice Sun. !!!!!
Let him know, that I can gave him US$400.00 for his fund, since I don't believe there is anyone as "Stupid" as him to come out with this "Great Idea" of his. I will like to meet in a "Global capitalistic" world anyone willing to finance "Cheap Oil" for the third world. JA JA JA JA JA JA
Now, I'm a 100% sure this guy its not smart !!!!!
LOL
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
let him propose it to nutty hugo ....he is giving away wheelbarrows full of cash
Written by: BASTA, 13 Jul 2008 2:29 PM
From: Dominican Republic, SPM
Fernandezzz you suck!
Written by: Belial, 13 Jul 2008 2:38 PM
From: United States, Texas
Well, what do you know?
LF, of all people, is steppin' out.
He's making a move to become a player ... not just another participant ... with unique links to Right and Left in world affairs .
Who would have thought.
Obviously, the imperialists will not like this move.
What is the US Secretary of State for?
Imperialist tolerance of LF will depend on whether they can tell him what to say, what to do, and to whom. If the imperialists get control of LF and his new foreign policies, they will run him straight into a wall.
The Dominican bourgeoisie is super rich and its middle class is affluent, but the DR with 42% of Dominicans living in poverty .... that is, less than $2 per day ... is still a poor country. The GDP is not distributed according to principle of justice, but according to the principle of privilege.
So, from the oil producers and exporters, LF wants a Fund.
For the oil speculators, he wants regulation.
Telesur is carry the Summit everywhere.
Written by: Belial, 13 Jul 2008 2:54 PM
From: United States, Texas
As for likely results of LF's idea.
The poor countries will be competing with the rich countries for money from the oil producing and exporting countries.
Bear stearn, for example, got a big infusion of cash for Dubai months before the investment firm collapsed.
Citigroup now has its hand out in front of all the moneybags.
IndyMac Bank collaped this weekend, it had ripped off the Saudis and Chinese.
Freddie Mac and Fannie Mae, pivotal pillars of US capitalism, may collapse next week.
No doubt the treasury secretary and Fed chairman are on the phone begging oil exporters and the Chinese to throw their money away into the outhouse of US capitalism.
LF will have to stand in line behind the rich countries to get something out of oil exporters.
But it's still a smart move. Now the ball is on the other side of the court.
Written by: Belial, 13 Jul 2008 3:11 PM
From: United States, Texas
If US capitalism couldn't endure the blow of Bear Stearn collapse, then the collapse of either Freddie Mac or Fannie Mae, not to mention both, will wipe out everybody because Bear Stearn was peanuts compared to the vast holdings of the two quasi-government mortage companies.
The problem is that the FED may not have enough money or enough time to print enough money to bail out either Freddie Mac or Fannie Mae or both.
Arrogant US reactionaries criticize the "inefficiencies, mismanagement, and corruption" of poor countries while the US capitalist economy is rapidly going to the dogs.
LF sees that poor countries will need a cushion if the US people don't remove the filthy GOPs from power soon.
Written by: Juango, 13 Jul 2008 3:18 PM
From: Dominican Republic
Leonel Fernandez is not STUPID. He is catering to all poor latinos, not only in the DR, but all over the hemisphere. He is a master artist with his diversionary tactics and eloquent speeches and has fooled his country into believing he is their Savior. Actually, he is not interested in bettering his fellow countrymen out of poverty, but only securing his status as a rich leader along with enriching a few colleagues. He can begin as the first contributor of his proposed fund, with a small first donation of $1.0 MM, derived from the sales of his wife's wardrobe/jewlery. The second million can come from cutting his travel budget by 50% and not traveling like Arab Royalty (chartering the most expensive bussiness jet, even for short hauls). No, this man is not a fool, he only has many of us fooled!
Written by: Belial, 13 Jul 2008 3:37 PM
From: United States, Texas
Oil speculation chiefly drives up oil prices.
The speculation mainly takes place in NYC.
So, this is something that US president regulates or let run loose.
Both Bush and McCain side with the speculators.
Obama criticizes the speculators.
Figure it out.
Either get a US president to move against the speculators or get a foreign principal to intervene extraterritorially in NYC.
The latter alternative is not do-able.
Obama will make trip south soon -- maybe he'll hit the oil dependent DR, TT (oil and gas exporter), oil self-suffcient Brazil, and oil dependent Argentina.
That's who LF has to somehow talk to. But it's too early now.
There is a problem with regulating oil futures. Who knows specifically what to do.
The best financial market regulator, Mark Spitzer, was caught in whorehouse and stepped down.
The people on the US commodities trading comminssion are vile and worthless GOPs.
LF is talking the Bill Clinton. Maybe Bill knows somebody.
Written by: Belial, 13 Jul 2008 4:07 PM
From: United States, Texas
Four factors more or less control the price of oil:
(1) Speculation at oil futures at the NY Mercantile Exchange.
(2) Imperialist aggression against oil producing countries
(3) value of the US dollar, the international transactional currency for oil
(4) supply and demand for oil
Oil speculation accounts for about 50% of each price hike, but speculators need imperialist aggression against oil producing countries and a falling dollar to cover their looting of the world.
If the price of oil was fixed by supply and demand, a barrel of oil would cost about $40 rather than $140.
A barrel at $140 effectvely denies energy to poor countries. Petrocaribe throws some of them a lifeline.
US imperialists spend $12 billion PER month on Iraqi aggression, causing the dollar to fall and the oil price to rise.
McCain wants to stay the course in Iraq and expand imperialist aggression to Iran and perhaps Venezuela.
That's $24 billion PER month.
That's $250 a barrel
Written by: Belial, 13 Jul 2008 7:14 PM
From: United States, Texas
p. 1 of 2
http://fe16.news.re3.yahoo.com/s/...._ylt=AqOst4RTDJ0NPk6NzrXib5VvzwcFAP - Governors from the coal fields of West Virginia to the corn fields of Iowa talked Sunday at their summer meeting about moving beyond ethanol produced just from food sources.
They sometimes have different priorities in reaching this conclusion — priorities that can be as simple as who grows corn and who feeds it to livestock.
And they're also not talking about replacement so much as supplementing: using switchgrass or wood waste products, for example, along with corn.
Still, the conversation — including an energy forum Sunday — has big implications. The nation has 134 ethanol plants in 26 states with 77 more under construction or expanding, according to the Renewable Fuels Association, a trade group for the ethanol industry.
This year's corn crop, expected to be a record, is worth about $52 billion.
Written by: Belial, 13 Jul 2008 7:18 PM
From: United States, Texas
p. 2 of 2
Meanwhile, the Agriculture Department says economic growth in developing countries, tight global grain supplies and demand for ethanol have pushed corn prices to record or near-record prices.
That in turn has led some to blame the push for ethanol on high food prices. Disagreeing sharply, the ethanol industry and corn growers point the finger at record fuel prices driving up the cost of growing and shipping food.
oooo
[As bourgeois slime and imperialist trash continue to deny that the massive deversion of corn from human consumption to fuel production causes the price of corn and the price of all foods to rise, US governors, even vile GOP governors, pull the rug from under the slime and trash.]
[It will be interesting to see what comes out of Petrocaribe on the food crisis.]
From: Dominican Republic
Is it not interesting that his glass is covered. He must beginning to sense that he is not as loved as he would like to be. The silver-tounged-medicine man, who has a remedy for everything that ails us, may want to ensure that no one slips him no unwanted medicine. Seriously, don't you find it embarrassing to see our president going begging for money, instead of staying home and fixing things.
From: United States
The controlers are having a banquet and celebrating their most profound profits made in less than six months, as in comparison to an entired decade. The U.S, is the country tha is mainly responsible for how the sale of petroleum is marketed. The oil producing nations are not gaining as much profits as the U.S. is, no arab nation is making more. The U.S. at this moment has control of two major players: 1) Kuwait and 2) Irak, what the eyes don't see and at this time no figures had been giving as to how much profits the U.S. has gained in the fierst quater of 2008. Another thing as to why the U.S. has let this rised to place is the pre-perceived fact pf the EURO-CURRENCY which weaken the power of the dollar. In reality the rised on the price of oil does not weaken the dollar but instead halts the rising power of the EURO. This tactics by economics in the U.S. is designed for future developments that will ensured that the dollar will rised to its days of glory. Just wait and see.
From: United States
The D.R. President is just playing his roles as a leader that bows to interets of the U.S. cause at some point in time he will asked the U.S. to contributed into the pot. What all the Presidents of Latin America love to do is to begged the U.S. for MONEY. For the exception of a few that maintained their dignities and struggle through the difficulties created by the powerful nations of the world. The D.R. is not a poor country but as politicains will have their ways -- they list it as a poor country so they can keep the status of beggers. Now they give themselves the perfect excuse, the world is in a crisis and we as poor nations are the most affected so give us money. We don't want it for free but let pay it with low interest and for so many years. Venezuela's President is also having a banquet, as a producer and as a vendor, is like going to the super-market buy one and get one for free. You think you're getting it for free. They are master at the destruction of life.
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
Economic Theory 101 from the Grassy Knoll,,,,,Hector wow where do you cook this stuff up...You talk about Yankqui phobia
Written by: Jander, 13 Jul 2008 11:35 PM
From: Dominican Republic
This is a simple proposal and either they say yes or no. Nothing wrong with asking and it 's not a bad idea.
Leonel gambled and now he needs a backer to stay in the game.
But it ain' over til the fat lady sings.
Written by: Belial, 14 Jul 2008 12:07 AM
From: United States, Texas
p. 1 of 4
http://www.pdvsa.com/The Heads of Delegation of the PETROCARIBE Ministerial Council do hereby decide:
1. To welcome the progress made by the Technical Groups set up as provided for in Resolution 03.02-04, adopted by the 3rd Meeting of the PETROCARIBE Ministerial Council, held in Cienfuegos, Cuba, on December 20, 2007.
2. To approve a portfolio of ten (10) projects, attached to this Resolution, submitted by the Technical Group on Energy Saving and Efficient Use established in the 3rd Meeting of the PETROCARIBE Ministerial Council.
3. To approve a portfolio of forty-four (44) pilot projects on Efficient use of Energy and Renewable Energy Sources, attached to this Resolution, identified in the areas of solar-thermal and solar-photovoltaic, geothermal and wind energy submitted by the Technical Group on Renewable Energies established in the 3rd Meeting of the PETROCARIBE Ministerial Council.
Written by: Belial, 14 Jul 2008 12:09 AM
From: United States, Texas
p. 2 of 4
4. To instruct the Geothermal Energy Subgroup of the Technical Group on Renewable Energy Sources to undertake a study on the availability of drilling rigs for geothermal drilling in the Atlantic Basin, allowing for an accelerated development of the aforesaid geothermal projects.
5. To recommend the Group on Renewable Energy to conduct a study on the potentialities for the installation of hydroelectric micro power plants, allowing for an effective incorporation of this source into the matrix of primary energy in member countries, taking into account Venezuela’s experience in the area.
6. To approve the Master Plan for the Supply of Natural Gas to the Areas of the Caribbean, Central America and South America submitted by the Technical Group on Gas established in the 3rd Meeting of the PETROCARIBE Ministerial Council, which is attached to this Resolution.
Written by: Belial, 14 Jul 2008 12:11 AM
From: United States, Texas
p. 3 or 4
7. To approve the Catalogue of Education and Training Courses, attached to this Resolution, in the areas of electric energy, refining, human resources, technical subjects and project management, submitted by the Technical Group on Education, Training and Capacity Building for Technical and Professional Staff in Energy Issues established in the 3rd Meeting of the PETROCARIBE Ministerial Council.
8. To approve the Verification and Audit Mechanism of the Supplied Volumes and the Resources from ALBA-CARIBE Fund, attached to this Resolution, submitted by the Technical Group on the Verification and Audit Mechanism established in the 3rd Meeting of the PETROCARIBE Ministerial Council.
9. To approve the PETROCARIBE Communicational Strategy submitted by the Technical Group on the Communicational Plan established in the 3rd Meeting of the PETROCARIBE Ministerial Council.
Written by: Belial, 14 Jul 2008 12:16 AM
From: United States, Texas
p. 4 or 4
10. To set up a Financial Economic Working Group, headed by Guatemala, with the participation of any other member country that expresses its interest in becoming a member of this Group.
11. To note the incorporation of the Dominican Republic and the Republic of Honduras into the Technical Group on Education, Training and Capacity Building.
12. To note the incorporation of the Saint Vincent and the Grenadines into the activities of the Technical Group on Gas.
13. To support the incorporation of the Republic of Guatemala as a member country of PETROCARIBE.
14. To note the incorporation of the Republic of Suriname into the activities of the Technical Group on Renewable Energy Sources.
15. To welcome the presence of Costa Rica as an observer and extend an invitation to this country to become a full member of PETROCARIBE.
16. [ Setting up a study group on the production of fertilizers.]
Written by: Belial, 14 Jul 2008 12:38 AM
From: United States, Texas
The resolutions set forth above are only multilateral agreements reached among all or some Petrocaribe members.
These multilateral resolutions do NOT mention bilateral agreements, if any, reached between Petrocaribe members, such as the Venezuela and the DR or Cuba and the DR.
From: United States
LF, you dumb ass. That is what you call capitalism.
If you and your cronies were not focused on raping your own people you could have your own money maker. Quit being a lazy ass.
1) Sugarcane to Ethanol.
2) Grow Jatropha for Biodiesel
3) Wind power… You have plenty.
4) Solar power… You have plenty
5) Ocean power… You have plenty.
You are just a lazy SOB, you feel the reset of the world owes you. Grow up.
You sound like a big baby.
Written by: anthonyC, 14 Jul 2008 2:48 PM
From: United States
"1) Sugarcane to Ethanol."
Costly and moralistically questionable. Ethanol only exists with large Government subsidies.
2) Grow Jatropha for Biodiesel
Again Moral issues.
"3) Wind power… You have plenty."
No you don't. Very few areas in the DR have enough constant wind for it to be viable. Everybody thinks you can put a windmill anywhere and get free power.
4) Solar power… You have plenty
Extremely costly and inefficient. 2 words...Night Time. What do you do when the sun goes down?
5) Ocean power… You have plenty.
Again...extremely costly with extremely high maintenance. Something the DR has a lousy track record in.
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
Why dont we just continue to swindle nutty hugo for it that commie rube is trying to buy comrades for his wacko ideas ....when he tries to collect he will be told ....so sue me hugo we are voting with Gringolandia....and bugger off if you dont like it
From: Dominican Republic
The problem really lies in thelack of thepursuit of the opportunities that have ben offered in thapast by the 1st world nations to the 3rd world.
The latter have gotten so used to using theIMF, the World Bank, and begging for handouts (and getting them) that they have forgotten how to think for themselves and seek opportunities available to them.
Look at what Europe and the Far Eastern countries did after WWII. These countries were in shambles after being the recipients of devastating bombardment by the Allied Forces, yet today they are stronger than ever because they WORKED WITH WHAT THEY HAD and parlayed that into economic prosperity for their citizens. That took a LOT of very hard work anda lot of capital borrowing, which they paid back tenfold in goods and services and in innovative marketing.
What did the LA/C countries do??? Borrowed money and then refused to pay it back, then complained bitterly about having to repay to begin with.
From: Dominican Republic
Mother Russia wandered along with their "Glorious Revolution of the Proleteriat" andslowly sank int the muck andmire of bankruptcy because they had killed individual innovation and ambition in their population. That and they killed over 20 million oftheir own people through the Gulag System of Slave Labor. All this for POLITICAL REASONS.
Today, Cuba and Venezuela, through their "collective" activities have managed to do a lot the same in the political arena. They have no room to talk when it comes to violation of individual human rights because they don't recognize that simple rule.
TexasBill
From: United States
Juan, Hectorcargas and Texas Bill have all done a sterling job explaining what the basic problem is in the DR. it is called SQUANDERED OPPORTUNITIES! i made reference in the past to the fact that even though we see these glowing economic indicators, the economy is underperforming. we have far more resources at our disposal than South Korea had after the 1950-52 issues with the USA. look at the two countries today!
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
Quit sucking up to the peanut gallery
From: United States
you calling Texas Bill the peanut gallery,son?
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
Peanut gallery is not necessarily or in anyway derogatory it refers to the audience on the old Howdy Doody show am I correct wild Bill ? Circa 1951/52
From: United States
do i detect panic, Goulet?
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
just making you aware of a cultural expression from before your time
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If the government were to reduce it's own portion of the National Budget by reducing it's rate of employment, tell the transportation unions to "go stuff it" with their monopolistic attitude, really allow the economy to float to the height of it's capability, create and economic atmosphere that would encourage more internal investment, effectively balance it's own budget through true austerity, then the country would end up head and shoulders above the rest of the LA/C countries post haste.
What he is suggesting is that the"oil producing counries" subsidize the "poor countries" so they can carry on their corrupt practices without interruption.
GET REAL, LEONEL and start the "AUSTERITY PROGRAMS" within your Administration that you have spoken of so often by getting rid of all your non-productive cronies in government.
TexasBill
Sir, your not more than a "Freak of Nature". This is the guy who said that only him can solve Dominicans problems, that his policies are directed to develop DR.
Wait until the treasury started to pressure US investor on DR, then you'll see DR baking under the no so nice Sun. !!!!!
Let him know, that I can gave him US$400.00 for his fund, since I don't believe there is anyone as "Stupid" as him to come out with this "Great Idea" of his. I will like to meet in a "Global capitalistic" world anyone willing to finance "Cheap Oil" for the third world. JA JA JA JA JA JA
Now, I'm a 100% sure this guy its not smart !!!!!
LOL
LF, of all people, is steppin' out.
He's making a move to become a player ... not just another participant ... with unique links to Right and Left in world affairs .
Who would have thought.
Obviously, the imperialists will not like this move.
What is the US Secretary of State for?
Imperialist tolerance of LF will depend on whether they can tell him what to say, what to do, and to whom. If the imperialists get control of LF and his new foreign policies, they will run him straight into a wall.
The Dominican bourgeoisie is super rich and its middle class is affluent, but the DR with 42% of Dominicans living in poverty .... that is, less than $2 per day ... is still a poor country. The GDP is not distributed according to principle of justice, but according to the principle of privilege.
So, from the oil producers and exporters, LF wants a Fund.
For the oil speculators, he wants regulation.
Telesur is carry the Summit everywhere.
The poor countries will be competing with the rich countries for money from the oil producing and exporting countries.
Bear stearn, for example, got a big infusion of cash for Dubai months before the investment firm collapsed.
Citigroup now has its hand out in front of all the moneybags.
IndyMac Bank collaped this weekend, it had ripped off the Saudis and Chinese.
Freddie Mac and Fannie Mae, pivotal pillars of US capitalism, may collapse next week.
No doubt the treasury secretary and Fed chairman are on the phone begging oil exporters and the Chinese to throw their money away into the outhouse of US capitalism.
LF will have to stand in line behind the rich countries to get something out of oil exporters.
But it's still a smart move. Now the ball is on the other side of the court.
The problem is that the FED may not have enough money or enough time to print enough money to bail out either Freddie Mac or Fannie Mae or both.
Arrogant US reactionaries criticize the "inefficiencies, mismanagement, and corruption" of poor countries while the US capitalist economy is rapidly going to the dogs.
LF sees that poor countries will need a cushion if the US people don't remove the filthy GOPs from power soon.
The speculation mainly takes place in NYC.
So, this is something that US president regulates or let run loose.
Both Bush and McCain side with the speculators.
Obama criticizes the speculators.
Figure it out.
Either get a US president to move against the speculators or get a foreign principal to intervene extraterritorially in NYC.
The latter alternative is not do-able.
Obama will make trip south soon -- maybe he'll hit the oil dependent DR, TT (oil and gas exporter), oil self-suffcient Brazil, and oil dependent Argentina.
That's who LF has to somehow talk to. But it's too early now.
There is a problem with regulating oil futures. Who knows specifically what to do.
The best financial market regulator, Mark Spitzer, was caught in whorehouse and stepped down.
The people on the US commodities trading comminssion are vile and worthless GOPs.
LF is talking the Bill Clinton. Maybe Bill knows somebody.
(1) Speculation at oil futures at the NY Mercantile Exchange.
(2) Imperialist aggression against oil producing countries
(3) value of the US dollar, the international transactional currency for oil
(4) supply and demand for oil
Oil speculation accounts for about 50% of each price hike, but speculators need imperialist aggression against oil producing countries and a falling dollar to cover their looting of the world.
If the price of oil was fixed by supply and demand, a barrel of oil would cost about $40 rather than $140.
A barrel at $140 effectvely denies energy to poor countries. Petrocaribe throws some of them a lifeline.
US imperialists spend $12 billion PER month on Iraqi aggression, causing the dollar to fall and the oil price to rise.
McCain wants to stay the course in Iraq and expand imperialist aggression to Iran and perhaps Venezuela.
That's $24 billion PER month.
That's $250 a barrel
http://fe16.news.re3.yahoo.com/s/...._ylt=AqOst4RTDJ0NPk6NzrXib5VvzwcF
AP - Governors from the coal fields of West Virginia to the corn fields of Iowa talked Sunday at their summer meeting about moving beyond ethanol produced just from food sources.
They sometimes have different priorities in reaching this conclusion — priorities that can be as simple as who grows corn and who feeds it to livestock.
And they're also not talking about replacement so much as supplementing: using switchgrass or wood waste products, for example, along with corn.
Still, the conversation — including an energy forum Sunday — has big implications. The nation has 134 ethanol plants in 26 states with 77 more under construction or expanding, according to the Renewable Fuels Association, a trade group for the ethanol industry.
This year's corn crop, expected to be a record, is worth about $52 billion.
Meanwhile, the Agriculture Department says economic growth in developing countries, tight global grain supplies and demand for ethanol have pushed corn prices to record or near-record prices.
That in turn has led some to blame the push for ethanol on high food prices. Disagreeing sharply, the ethanol industry and corn growers point the finger at record fuel prices driving up the cost of growing and shipping food.
oooo
[As bourgeois slime and imperialist trash continue to deny that the massive deversion of corn from human consumption to fuel production causes the price of corn and the price of all foods to rise, US governors, even vile GOP governors, pull the rug from under the slime and trash.]
[It will be interesting to see what comes out of Petrocaribe on the food crisis.]
Leonel gambled and now he needs a backer to stay in the game.
But it ain' over til the fat lady sings.
http://www.pdvsa.com/
The Heads of Delegation of the PETROCARIBE Ministerial Council do hereby decide:
1. To welcome the progress made by the Technical Groups set up as provided for in Resolution 03.02-04, adopted by the 3rd Meeting of the PETROCARIBE Ministerial Council, held in Cienfuegos, Cuba, on December 20, 2007.
2. To approve a portfolio of ten (10) projects, attached to this Resolution, submitted by the Technical Group on Energy Saving and Efficient Use established in the 3rd Meeting of the PETROCARIBE Ministerial Council.
3. To approve a portfolio of forty-four (44) pilot projects on Efficient use of Energy and Renewable Energy Sources, attached to this Resolution, identified in the areas of solar-thermal and solar-photovoltaic, geothermal and wind energy submitted by the Technical Group on Renewable Energies established in the 3rd Meeting of the PETROCARIBE Ministerial Council.
4. To instruct the Geothermal Energy Subgroup of the Technical Group on Renewable Energy Sources to undertake a study on the availability of drilling rigs for geothermal drilling in the Atlantic Basin, allowing for an accelerated development of the aforesaid geothermal projects.
5. To recommend the Group on Renewable Energy to conduct a study on the potentialities for the installation of hydroelectric micro power plants, allowing for an effective incorporation of this source into the matrix of primary energy in member countries, taking into account Venezuela’s experience in the area.
6. To approve the Master Plan for the Supply of Natural Gas to the Areas of the Caribbean, Central America and South America submitted by the Technical Group on Gas established in the 3rd Meeting of the PETROCARIBE Ministerial Council, which is attached to this Resolution.
7. To approve the Catalogue of Education and Training Courses, attached to this Resolution, in the areas of electric energy, refining, human resources, technical subjects and project management, submitted by the Technical Group on Education, Training and Capacity Building for Technical and Professional Staff in Energy Issues established in the 3rd Meeting of the PETROCARIBE Ministerial Council.
8. To approve the Verification and Audit Mechanism of the Supplied Volumes and the Resources from ALBA-CARIBE Fund, attached to this Resolution, submitted by the Technical Group on the Verification and Audit Mechanism established in the 3rd Meeting of the PETROCARIBE Ministerial Council.
9. To approve the PETROCARIBE Communicational Strategy submitted by the Technical Group on the Communicational Plan established in the 3rd Meeting of the PETROCARIBE Ministerial Council.
10. To set up a Financial Economic Working Group, headed by Guatemala, with the participation of any other member country that expresses its interest in becoming a member of this Group.
11. To note the incorporation of the Dominican Republic and the Republic of Honduras into the Technical Group on Education, Training and Capacity Building.
12. To note the incorporation of the Saint Vincent and the Grenadines into the activities of the Technical Group on Gas.
13. To support the incorporation of the Republic of Guatemala as a member country of PETROCARIBE.
14. To note the incorporation of the Republic of Suriname into the activities of the Technical Group on Renewable Energy Sources.
15. To welcome the presence of Costa Rica as an observer and extend an invitation to this country to become a full member of PETROCARIBE.
16. [ Setting up a study group on the production of fertilizers.]
These multilateral resolutions do NOT mention bilateral agreements, if any, reached between Petrocaribe members, such as the Venezuela and the DR or Cuba and the DR.
If you and your cronies were not focused on raping your own people you could have your own money maker. Quit being a lazy ass.
1) Sugarcane to Ethanol.
2) Grow Jatropha for Biodiesel
3) Wind power… You have plenty.
4) Solar power… You have plenty
5) Ocean power… You have plenty.
You are just a lazy SOB, you feel the reset of the world owes you. Grow up.
You sound like a big baby.
Costly and moralistically questionable. Ethanol only exists with large Government subsidies.
2) Grow Jatropha for Biodiesel
Again Moral issues.
"3) Wind power… You have plenty."
No you don't. Very few areas in the DR have enough constant wind for it to be viable. Everybody thinks you can put a windmill anywhere and get free power.
4) Solar power… You have plenty
Extremely costly and inefficient. 2 words...Night Time. What do you do when the sun goes down?
5) Ocean power… You have plenty.
Again...extremely costly with extremely high maintenance. Something the DR has a lousy track record in.
The latter have gotten so used to using theIMF, the World Bank, and begging for handouts (and getting them) that they have forgotten how to think for themselves and seek opportunities available to them.
Look at what Europe and the Far Eastern countries did after WWII. These countries were in shambles after being the recipients of devastating bombardment by the Allied Forces, yet today they are stronger than ever because they WORKED WITH WHAT THEY HAD and parlayed that into economic prosperity for their citizens. That took a LOT of very hard work anda lot of capital borrowing, which they paid back tenfold in goods and services and in innovative marketing.
What did the LA/C countries do??? Borrowed money and then refused to pay it back, then complained bitterly about having to repay to begin with.
Today, Cuba and Venezuela, through their "collective" activities have managed to do a lot the same in the political arena. They have no room to talk when it comes to violation of individual human rights because they don't recognize that simple rule.
TexasBill