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Originally posted by Karl View PostWonder how many bulbs and how many families/homes got?
btw - How many residential house are in Jamaica? Maudib? mosiah?"Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)
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Plus there were also going to be some kind of storage costs. That is a lot of bulbs.
But over $100 million with no documentation of costs? Bwoy that nuh sound right."It is easier to build strong children than to repair broken men" - Frederick Douglass
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Related article from the Gleaner in May.
Apparently there were some concerns about the distribution process from that time.
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http://www.jamaica-gleaner.com/glean...ead/lead9.html
Ja to earn $160m in 'carbon credits' - Gov't
published: Sunday | May 20, 2007
Four million energy-saving light bulbs, or compact fluorescent lamps, are being distributed freely to householders islandwide
under the Jamaica-Cuban Energy-Saving Project. Jamaica alsostands to earn millions of dollars in carbon credits.
Government expects to earn Jamaica $160 million in 'carbon credits' from its joint energy-saving light bulb project
with Cuba, but according to one local expert, that figure should be many times more.
Cuba donated four million of the bulbs, also known as compact fluorescent lamps (CFLs), to Jamaica which are
being distributed free of charge to households islandwide.
Minister of Industry, Technology, Energy and Commerce Phillip Paulwell maintains the US$160 million, arrived at
by consultants currently tendering for 'the Jamaica-Cuban Energy-Saving Project', is a "conservative" projection.
But that figure could reach US$8 million (J$545 million), according to Mikael Oerbekke, principal of Eco-Tec, the
first entity to sell carbon credits from Jamaica earned by its distribution of 80,000 CFLs to north-coast hotels.
Conservative projection
Eco-Tec's projection is also conservative, says Oerbekke.
The Bluefields, Westmoreland-based company was previously in discussions over the Government project, but
withdrew its interest, concerned that credits might not be verifiable based on what it claims was inadequate
documentation of the distribution, being carried out by joint teams of Jamaican volunteers and Cuban social
workers. The ministry denies this, maintaining that 'not one bulb' will be unaccounted for.
Eco-Tec believes US$8 million (J$545 million) can be earned from the project, a projection which is also
conservative, says Mr. Oerbekke. That projection is based on a projected megawatt saving to the national grid of
59.4 - this is 20 MW less than the 80MW on which the ministry's figure is based.
Oerbekke also says Eco-Tec managed to find a buyer, impressed with his company's initial project. He says his
buyer was prepared to pay US$650,000 (J$44 million) for just over 300,000 bulbs.
Government has previously earned credits, via a deal with the Netherlands, from its Wigton Wind Farm, which is
being privatised. The Netherlands bought the credits to offset their greenhouse gas emission targets set by the
United Nations (U.N.) Kyoto Protocol Clean Development Mechanism (CDM) in 1997.
In the three years since it began operations in April 2004, the Government-owned Wigton Wind Farm in
Manchester has sold €424,763 (J$39 million) of credits. A further €251,490 (J$23 million) generated in the past
year is yet to be verified.
ross.sheil@gleanerjm.com"It is easier to build strong children than to repair broken men" - Frederick Douglass
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Unnu claim unnuh ah go in
fi fix economy, reduce crime, give free education and make the populace wealthy. Now unnuh ah come bout light bulb. Can somebody tell teh JLP that they are in govt.? hey you won. Now get Ja to first world status.
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