Caribbean News
EU Members agree to Cut Gas, 15% amidst Russian-Ukraine crisis
By Dana Malcolm
Staff Writer
August 5, 2022 – The European Union has instructed its members to cut use of Russian gas as the Kremlin will likely cut their supply in the coming months.
The EU describes the situation as Russia ‘weaponizing’ gas. Russia and the west have traded economic blows since the invasion of Ukraine in February.
The EU members have unanimously agreed to the cut on paper but several countries put up a fight leading to exemptions in some areas. Russia has been hit with economic sanctions and has retaliated against them by slowing its oil and gas exports to the EU. The EU depends heavily on Russian oil and gas for electricity heat and fuel
especially in their harsh winters.
“Almost half of our Member States are already affected by reduced deliveries, taking action now can reduce both the risk and the costs for Europe in case of further or full disruption, strengthening European energy resilience.” The EU said
Countries that are not interconnected to other members’ gas networks will be exempt from the 15 percent mandatory demand reduction target. The reduction will last through the winter and end in spring as the EU tries to secure other means of fuel for its member countries.
Russian diplomats had warned that the sanctions on Russian oil would affect the EU and UK adversely prior to the invasion.
Hours after the decision was made, Russia cut gas supplies to Germany even more and now the US must make good on its deal to supply more natural gas to the EU. The EU had pledged to wean itself off of Russian energy by 2027, now that timeline may move up.
Oil prices are extremely volatile and react to the slightest shift in the market. A potential shortage could send oil prices skyrocketing and with it the cost of living. All Caribbean countries with the exception of Trinidad and Tobago import the bulk of their oil from the US, Mexico and Venezuela.
An increase in oil prices could send the surging inflation in the Caribbean to new levels.
Caribbean News
Paid internship opportunity in Energy Data Collection, Application DEADLINE is April 19
April 19, 2024 – The Caribbean Center for Renewable Energy and Energy Efficiency (CCREEE) in cooperation with the Energy and Utilities Department (EUD), Ministry of Public Safety and Utilities (MPSU), is looking for a motivated intern to work in close collaboration with regional and national institutions to survey and collect energy-related data that will be used to create the Energy Report Cards (ERCs) for the Turks and Caicos Islands. A stipend for the intern will be provided by CCREEE.
The intern will be based at the EUD/MPSU. The internship program will provide students and/or young professionals with a unique opportunity to work with the energy sector institutions and stakeholders in TCI, gain practical experience in the energy sector, and contribute to the knowledge management functions of the Regional Energy Information System within the CARICOM Energy Knowledge Hub (CEKH).
SCOPE OF WORK
The CCREEE in collaboration with the EUD/MPSU will collect specified data and information that will be used to develop the TCI Energy Report Cards which will be made accessible through the CARICOM Energy Knowledge Hub (CEKH). The hub may be accessed by registering at https://cekh.ccreee.org. The Energy Report Cards will also offer important support to the CCREEE work program, including support for energy planning and the development of sustainable energy projects.
DESIRED PROFILE
- Bachelor’s degree or on course for completion of one by December 2024.
- Interest in the energy sector and willingness to learn about the socio-economic, technical and environmental aspects of the energy landscape; studies in sustainable energy, environmental sciences or related fields are an asset but not a National or resident of one of the relevant countries.
- Proficiency in English.
INTERNSHIP TIMEFRAME
The internship will run for a period of eight (8) weeks from May 27 to July 19, 2024.
APPLICATION
The intern applicant should send their application (motivation letter and CV) on or before April 19, 2024 to recruitment@ccreee.org and copy eud@gov.tc.
Only shortlisted candidates will be contacted.
Caribbean News
Senior Teacher Endorses Robot to Assist in Educating Infant and Primary School Students
-
Caribbean News1 week agoBarbados welcomes new aircraft
-
Caribbean News1 week agoHaiti political update and Trinidad and Tobago not sending troops for mission
-
Health1 week agoDengue passes 1000 deaths mark in Brazil
-
Health1 week agoTURKS AND CAICOS ISLANDS PARTICIPATED IN EIGHTH MEETING OF NATIONAL HIV/AIDS PROGRAMME MANAGERS AND PANCAP SHARE FAIR
-
News15 hours agoDR man rented Jet Ski nine days ago in Providenciales; where is he now?
-
Caribbean News5 days agoHaiti Gang Firearms more than Police – UN says where they come from.
-
Caribbean News3 days agoCARICOM, UN applauds published decree establishing Haiti’s Transitional Government
-
Health1 week agoChildren and Teens Vaping, Royal TCI Police say “IT IS NOT SAFE!”