The Jamaica Gleaner reports that Jamaica has just received a $30 Million under the US Clean Energy Finance Facility, to pay for legal, consultancy and engineering costs for a new renewables project.
Jamaica Gets First Grant Under US Clean Energy Finance Facility
The United States Agency for International Development (USAID) has awarded the first grant through the Clean Energy Finance Facility for the Caribbean and Central America (CEFF-CCA), to help develop a 37 megawatt solar farm in Westmoreland.
CEFF-CCA will provide support to Rekamniar Capital Limited, the project developer, to partner with independent power producer Neoen on forming the Eight Rivers Energy Company, which will build the solar facility, according to a release from the US embassy in Kingston.
The purpose of the grant is to support selected legal, consulting and engineering costs in late stage project development, it said.
…
US President Barack Obama launched CEFF-CCA on April 9, 2015. The programme seeks to encourage private sector investment in clean-energy projects in the Caribbean and Central America.
…
Does anyone think this $30 million grant to assist the Jamaican renewables legal process will deliver any value to the Jamaican people, other than a few well connected bureaucrats? But cancelling the grant will stir up diplomatic trouble for President Trump. Diplomatic trouble with Jamaica could impede joint efforts to stamp out drug smuggling into the USA.
As any good CEO knows, on the first day on the job you nail down the cash. These are the types of things that won’t happen under Trump. Spending the money before Trump gets in is a lame move that will not work either, Trump the master negotiator will easily get that money back, he probably already tweeted that he’s withholding 60 million in some other Jamaican aid until they give back the 30 million.
Idiotic move by Obama. I expected nothing more than idiocy from this administration.
Corrupt Jamaican government will take this.
Think how many bridges could be upgraded or roads repaired in the US for that.
I’m sure the research on molten-salt nuclear power could use a boost like that too.
One mile of US Interstate can cost over $20M (and that’s in 1994$…)
See http://www-pam.usc.edu/volume2/v2i1a3s2.html
Rekamniar Capital One dirctor, Jamaican lady ANgella Rainford Heath,
http://m.jamaicaobserver.com/mobile/business/Cocktails-with—Angella-Rainford-Heath_14702957
http://www.bizdb.co.uk/company/rekamniar-capital-limited-07675004/
Also, a Frecnch eco-energy company is involved, probably they’ll do whatever construction may be forthcoming. I notice the $30million is for legal, consulting and engineering costs
I make no comment.
Fortunately, this will probably be the last grant through the Clean Energy Finance Facility for the Caribbean and Central America (CEFF-CCA)
Obama is buying the secretary general job at the UN.
I see his actions over the last 4 years as a campaign to put himself in a position of global influence, now impeded by the progressives losing the POTUS influence to immediately cement his rise to a UN career. He will no doubt keep trying to a establish world government which he and Gore can get positions of bureaucratic command.
Obama can’t be head of the UN since he was head of one of the five permanent members of the Security Council (The U.S., Britain, France, Russia and China). No doubt, he would love to have the job. He already sees himself as leader of the world.
As a consolation prize, Obama should go and run for president of Iran. I mean, who has done more for Iran, than Obama? He said in the past that the Islamic call to prayer was the most beautiful sound on Earth, and he could get his fill there.
He could go back home and become president of Kenya
Betcha kent do thet yerself, kenya?
:-0
Ann Banisher said:
Oh dear, I had not even thought of that. So I took a look.
Westmoreland Parish is on the south side of the western tip of the island. The parish is split roughly evenly between two very distinct geography types.
The first is a very flat plain in the center of the parish, called Georges Plain. The sat. view clearly shows that every available plot of land has already been given over to agriculture. There is even a sugar mill there.
The other geography type comprising the parish is steep/mountainous. If you have ever traveled the region, you know that when things go steep, things really get vertical. The scenery is spectacular, of course. But if you mess with the forest in any way, you get huge soil erosion, then damaging landslides, and of course, more erosion. All this erosion reaches the ocean and causes silting which suffocates the coral reefs.
Jamaica’s reefs are not in particularly good shape as it is, and the primary stressor for them is, indeed, sedimentation from shoreside activities.
In summary:
If they put the facility in the farming area, they disenfranchise the farmers and disrupt the economy and destroy peoples livelihoods.
If they put it anywhere else, they rip up their countryside, and dump another huge load of sedimentation on the reefs.
All very Green and Sustainable.
(Now I sit back and wait for a project defender to say “But it is OK, we are really not going to build it, you know. Too dangerous.”)
Once again, the money is being wasted on the supply side of the grid when it could be used more beneficially at the user end, on the roofs of the land owners’ houses and municipal buildings. No infrastructure improvement necessary because demand peaks are supplied from the consumer side of the grid. I still can’t comprehend the insanity of misapplying solar and wind as extra grid load when it should be used for reducing the load and the need for upgrading.
If the self-acclaimed philanthropists would take on projects to help the masses supply supplemental electricity for themselves and increase the standard of life, we could use the tax money to strengthen the grids against the next Carrington event.
Maybe this will put the “US Clean Energy Finance Facility” on team Trump’s radar, if it isn’t there, already.
A Happy and Prosperous New Year to everyone.
Mods, did this post?
United States Agency for International Development (USAID)
Our Core Values
PASSION FOR MISSION
We come to work to foster sustainable development and advance human dignity globally.
EXCELLENCE
We strive for efficiency, effectiveness, and meaningful results across our work.
INTEGRITY
We are honest and transparent, accountable for our efforts, and maintain a consistently high moral standard.
RESPECT
We demonstrate respect for one another, our partners, and the people we serve in communities around the world.
EMPOWERMENT
We elevate all voices striving for global economic, environmental, and social progress.
INCLUSION
We value our differences and draw strength from diversity.
COMMITMENT TO LEARNING
We seek to improve ourselves and our work continually through reflection and evaluation.
The above is from the USAID website. Notice anything missing from this? If not, herein is a prime example/lesson of the difference between government and business. NO, not profit or stock value increases. Even a non-profit organization generally tries to show/prove a – – RETURN ON INVESTMENT! Nowhere in the above is there even a hint of any need or requirement (much less aspiration) to justify their existence via a positive return, SOME BENEFIT, ANY BENEFIT on OUR (US tax payer) investments! (Including their wages) No goals! No objectives! It’s ALL about THEM! We, we, we, we, Etc. Absolutely NO desire or prerequisite, to even look much less find any ROI on the millions/billions of tax payer money being handed out. They justify their existence and what they do by how GOOD they “feel” at the end of the day.
If I had written a similar Core Values statement into any of the dozens of business plans I wrote over the years, I would never have been called for a meeting by any venture capitalist.
First thing President Trump should is, require EVERY department and sub-dept, of sub-dept, of sub-dept to rewrite their mission statement to include what tangible, measureable ROI, what benefit do they provide to the American people first, (then the world) and how are they going to prove/show it.
RMH
Once president Trump finally gets to start work scooping up all the turds left for him by Obama, questions will rightly be asked about the extraordinary delay of a whole quarter of a year in which an incumbent voted from office gets to continue in power and indulge in spiteful political sabotage against the elected president. This will have to change. If even the Brits, where politics advances at a glacial pace, can have the elected prime minister in office the morning after the election, then surely the USA can do the same. Anything else opposes democracy.
That’s easier to do in a parliamentary system, where the opposition has a shadow government already in place.
But we already moved the transition of power forward from March to January following November elections.
If you peel back the layers you might find this is just another bankster bailout in disguise. Just read an article from Obamas trip to Jamaica in 2015, Jamaica is deep in debt and in horrible financial shape and the banksters have concerns about Jamaica defaulting, but in the meantime they can gouge them on debt payments because China and Venezuala financially support Jamaica. Venezuala used to make huge support payments to Jamaica, on the order of a couple percent of Jamaican GDP, but Venezuala has its own problems and isn’t doing so good right now, I’d be surprised if they can supply a few rolls of toilet paper. Maybe Venezuala cut off support. Maybe 30 million is to keep Jamaica from defaulting on Obama’s watch. Who is really going to care if another Obama solar project goes belly up.
I read the linked article, but didn’t see any mention of $30M. Where does this figure come from? It did say the cap on this scheme was $10M.
Good point, Nick. And now, other sites are linking to WUWT and including the $30 M.
Beyond this, I don’t think anyone will ever know the full cost. I got the following from the USAID web site:
“In addition to grant support, CEFF-CCA participation has the potential to open doors to additional OPIC and USTDA support, including OPIC loans and guarantees, political risk insurance, and investment fund support. USTDA offers project development support beyond grants.
USAID does explain how Jamaica, or any other place in “the Americas” becomes eligible. (Dodgy @2:54 raised this issue.)
Good question. Can someone provide a source? Was the original article on the Jamaca Gleaner later edited?
They seem to be pretty much following this press release from the US Embassy. And there is no $30M there either.
Over the next 2 years or so, Obama and wife will fly to all the places mentioned above. All costs will be paid by others (un-traceable – back to US taxes). He will give a short talk [about nothing] and she will have a flattering photo op. Total costs will be about $500,000 — half of that to be deposited in a legal entity with tax-avoidance character and controlled by ex-POTUS.
At the end of this 2 year period the Obamas will be the richest community organizers the world has ever seen.
The Clintons have shown the Obamas the way forward. Soon there will be an Obama Crime Family Foundation, which could run for decades. Even if Michelle never runs for office, she might, which would be reason enough for foreign donors to shower wealth upon the family, in the form of $300K per speech. Then there are their daughters.
It remains to be seen just how the Democrats respond to an out-of-power Obama.
$300,000 per speech is swell, but look at how they dealt with a powerless Jimmy Carter.
Obama will imitate the Clintons, not the Carters. Clinton Crime Family Foundation donors gave in expectation of a second Clinton presidency. Whether Michelle ever runs, which she probably won’t, being even less appealing as a candidate than Hillary, but the Obamas can hold out that expectation to potential donors. And both Obamas can serve on compensated boards of directors with potential for backsheesh.
How is Trumps “Charity” doing?
Bingo. You’re the only one who got it – the money is for himself, one way or another.
I would like to see an itemized list of expenditures that this money paid for, and then I could give a half-way (quarter-way?) intelligent response.
When Saddam Hussein was pushed out of Kuwait he set fire to their oil wells on his way home.
Vindictive.
When Australia’s Julia Gillard knew she was sure to lose the next election she with the greens committed taxpayers to billions of dollars in spending in order to seriously diminish the economy for the incoming government.
Barack Obama is using the same infantile tactic.
Yea…for the last 8 years, too…
Sadly you are correct on the Obama tactic, and the end of infantile tactic is yet to be seen as far as I can tell. This will continue because the complicit media will fail to report on comment on the tactic.
Great news for the German economy. More Mercs for alpha males.
“Consultancy” Now there’s money well spent. I need a consultancy gig.
Have the Obama’s set up their ‘family charitable foundation’ yet, in Clinton-esque fashion?
Let the money laundering begin…..
Yes.
https://www.barackobamafoundation.org/pages/contributor-information
Thanks Chimp!
Interesting that it is in only BO’s name…. and doesn’t include or recognize his wife. I know he’s a petulant narcissist but you would think, with all of his mewling and puking about ‘inclusiveness’ and ’embracing diversity’, he would have included the wife.
Perhaps this leaves room for creation of other obama ‘foundations’ that can be used to launder donations from contributors that wish to remain anonymous and shielded from the public scrutiny?
He didn’t include Michelle in the foundation, because he knows the underhanded illegal stuff they are going to do could taint her for a future presidential run.
They might retool the foundation once Barry is out of office.
What Jamaica needs is their very own Clinton Foundation to fix them up just like Haiti. Oh wait.
This is essentially theft adding to USA tax payer debt . Once people find out how much of their money the Obama administration has directed to the UN and global warming hustlers they will have every right to demand a refund and charge those looting the USA treasury .
The good thing is they were so arrogant in thinking they were going to win they are now in full panic mode to
spend other peoples money as they head for the exits . Audit spending since the election result to find the
source of the biggest rats .
Obama is angry because any the global warming scam just got blown out of the water . No Clinton Foundation look a like , no money funneled through the UN or Green Bank . Just rubber chicken dinner circuit and books .
What a legacy .
Trump’s win has just the scary global warming balloon. No wonder the Obama’s have lost hope .
Investing in a project in Jamaica that will be designed, built, and operated by British and French companies? We can’t find international projects with US companies involved?
Lawyer ready jobs
I am a solar design build expert. I could easily do the entire design and build for $91,147,000
So $30,000,000 for legal and “late stage design” is beyond ridiculous
Pure graft money to enhance the Mulatto Legacy
I think the free $30 million is a bit late for them to put together a bobsled team before the 70’s “Coming Ice Age”.