Dependence on fossil fuel is an issue for the many countries, it is particularly challenging for Small Island Developing States. Due to the constant fluctuation in oil prices which leads to high fuel prices, high cost of living, and high electricity bills when the price of this commodity is high. This results in constant pressure on the government to provide more subsidies; which is not a long term economic solution. As a result many SIDS have started to see the benefits of harnessing the local energy resources they possess as a means to reduce their dependence on fossil fuel, diversify their...
Dependence on fossil fuel is an issue for the many countries, it is particularly challenging for Small Island Developing States. Due to the constant f...