Put Puerto Rico First
During the past few months a narrative has taken hold, on both sides of the political spectrum, that Puerto Rico is “using federal disaster relief funds to pay bondholders”. This narrative is wrong and dangerously simplistic.
CNE – Centro Para Una Nueva Economía – Center for a New Economy
Non-profit, economic research and policy development organization
During the past few months a narrative has taken hold, on both sides of the political spectrum, that Puerto Rico is “using federal disaster relief funds to pay bondholders”. This narrative is wrong and dangerously simplistic.
El 20 de junio de 2018 se aprobó la Ley 120 para “Transformar el Sistema Eléctrico de Puerto Rico” y “para autorizar el marco legal requerido para la venta, disposición y/o transferencia de activos, operaciones, funciones y servicios de la Autoridad de Energía Eléctrica (la “AEE”)”, y para otros fines relacionados.
Hemos recibido su carta del 18 de octubre de 2018, mediante la cual nos solicita nuestra posición y sugerencias sobre enmiendas al Proyecto del Senado Número 1121 (“P. del S. 1121”), ante su consideración para “crear la Ley de Política Pública Energética de Puerto Rico” y para otros fines relacionados.
It has been a little over a year since Hurricane María fractured Puerto Rico’s infrastructure and its demographic and economic landscape. Currently, all the critical infrastructure—electricity, water, telecommunications, schools, and hospitals—is functional.
In the wake of the devastation resulting from hurricane María, the United States Federal Government mobilized numerous emergency relief efforts in Puerto Rico. Traditionally, Federal disaster response has been thought of as the “silver lining” that stems from a catastrophic event, given the millions of US Government dollars that are pumped into the local economy.
Black Start 2019 is poised to become a defining event for the future of energy in Puerto Rico. We are thrilled to welcome Fundación Colibrí to our team as the Presenting Sponsor of the Conference. Fundación Colibrí is a new philanthropic entity established by a Puerto Rican family in the diaspora with the purpose of helping Puerto Rico to rebuild after the devastation caused by Hurricane Maria.
A continuación, la ponencia presentada ante la Comisión Especial de Asuntos de Energía del Senado de Puerto Rico por el Director de Política Pública del Centro para una Nueva Economía, (CNE) Sergio Marxuach, el 30 de agosto de 2018