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Santo Domingo.- Dominican Republic is one of four countries the United States and Brazil selected to technically advise, finance and operate renewable energy projects.

The biofuel cooperation agreement began in March, with cooperation by the Inter-American Development Bank (I.D.B.), the Organization of American States (O.A.S.) and the United Nations Foundation. El Salvador, Haiti and San Kitts & Nevis are the other nations the U.S. and Brazil chose to identify their energy need and cooperate in their plans to produce biofuel.

The U.S. biofuel and alternative energy expert Johanna Mendelson Forman was contracted to interchange information with the local sectors interested in the topic.

A U.S. delegation will also arrive this week to evaluate the country’s potential and provide technical assistance, conduct feasibility studies and advice on the biofuel industry in general.

Doctor Mendelson said Dominican Republic can use its large sugarcane plantations to produce ethanol and plant trees called white piñon, which grow in barren zones of the country’s south and extract its oils to produce biodiesel to substitute diesel. She said Haiti has similar potential with that tree, where it could be massively cultivated.

The U.S. expert said the new Renewable Energies Law gives the country a legal framework to attract investors and get I.D.B. funding for projects to produce biofuel. As to sugarcane projects, the ethanol could be exported and jobs would be created.

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COMMENTS
4 comment(s)
Written by: Sophia, 18 Sep 2007 12:19 PM
From: Stgo
The money that leaves the DR....to pay of oil products is a very substantial percentage of the annual budget.

What has to occur in this instance however is for the DR to produce fuel without incurring any form of debt....because the oil producing countries can easily move the price down to $30.

This will provide independence and a rate of return that will fluctuate...however will never be negated by debt.
Written by: MrThelmo Almeyda Rancier, 19 Sep 2007 4:33 PM
From: Bogota N.J,.USA
Sophia ;
Have you ever stop to think why USA,Brazil want to help out?
#1-Abundant cheap Haitian labor force unemployed US$2 a day
#2-Employ them on what they know best.,cane cutting US$2 "
#3-DR invest large borrowed capital on ethanol plant.US81mn
#4-How is this helping DR economy when they don't cut cane?
#5-Proven, US doesn't want them in FL.rather keep them iin DR
#6-DR has experience in cultivation and processing of cane
#7-Same amount of Haitians moving in as Dominicans leave.
Written by: mike l, 19 Sep 2007 6:55 PM
From: pop
some of the insights of sophia absolutely flabbergast me.they are outrageous in their construction and make me wonder. this last tour de force,asserting that the oil producing nations can EASILY lower their price to 30 dollars a barrel is unsettling.i ask her to explain to me how this can be done in today´s world economy.i am a world bank trained economist, but i must confess that this one leaves me in a state of puzzlement. i would appreciate an explanation,however cursory
Written by: rafael, 20 Sep 2007 6:19 PM
From: la romana
As president Lula was saying the other day, and I quote, "why doe a group of 13 countries that compose the OPEC, have a total hold on the global energy market and the rest of the 70 countries that has the climate and the crops to supply the world with the energy needed are being left behind". Let’s pay Dominican 5 dollars per hrs and let’s be part of the new OPEC or whatever you want to call it
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