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Politics, Business & Culture in the Americas
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Trinidad & Tobago

Energy dependence and vulnerability are serious issues in the Caribbean, where residents suffer from high and fluctuating electricity costs, frequent blackouts and poor service. Electricity prices are some of the highest in the world, averaging US$0.33 per kilowatt hour compared to $0.09 per kilowatt hour in the United States. Oil reliance is stifling the Caribbean’s economy and the region must work towards diversifying its matrix if it wants to be competitive.

Vice President Joe Biden spent just under 24 hours in Trinidad and Tobago, where he sought to renew America’s bonds with the Caribbean through a small summit-like meeting with leaders of the Caribbean Community (CARICOM) and the Dominican Republic.