Economist Marla Dukharan is urging the Caribbean to do more to achieve energy sovereignty as the ongoing international oil market crisis gives the region a reminder of its vulnerability.
In her September Monthly Caribbean Economic Report, she called securing energy independence “the ultimate panacea against petropolitical shocks”, while lamenting the Caribbean’s limited progress in achieving it.
Dukharan recommended that the region’s major stakeholders – the utilities, governments, regulators, academia, and consumers, become aligned on “the outcomes we are trying to achieve”.
