As higher global oil prices continue to worsen the economic woes of Caribbean Community (CARICOM) member countries, a disclosure has been made to the effect that the World Bank will be partnering with the United Kingdom and Canada in pursuit of a geothermal operation in the island territory of St. Lucia.
The disclosure, made in the regional media just over a week ago, while holding out no hope of any short-term respite in the country’s energy challenges, at least points to the possibility of a more promising energy future.
The relatively low key announcement that the international partnership will be probing the energy prospects of the tiny Caribbean island, comes as much of the region continues to make public the consequences of high energy prices arising from its heavy reliance on costly oil imports, alongside mounting concerns associated with the increased use of fossil fuels.
