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approximately one gallon of gasoline to produce one gallon of ethanol, the fuel, although better than petrol, is not as sustainable as other renewable energy sources (Tickell, 2008). This is not to say that solar and wind have no associated environmental effects, but their impact tends to be less than large-scale hydro and bio-energy applications. To help foster strong, sustainable and vibrant renewable energy markets in LAC, various organizations and programs have been formed. Although there are many other organizations working to promote renewable energy, the following are some of the most prominent agencies: • The Caribbean Renewable Energy Development Programme (CREDP), based in Saint Lucia, was created in 1998 and consists of 16 Caribbean countries that aim to break down market barriers and nurture the commercialization of renewable energy. • The Caribbean Council for Science and Technology (CCST), based in Trinidad, connects national governments in commercializing science and technology innovations. Since 1980, CCST has helped facilitate the mutual transfer of technologies across national borders. • The Institute of the Americas (IOA) was formed 25 years ago to encourage information sharing in energy and technology markets between the United States, Canada, and Latin America. • The Latin American and Caribbean Council on Renewable Energy (LAC-CORE) functions as a platform for interaction in LAC through the organization of conferences, webinars, seminars, workshops, forums, and trade shows. Additionally, LAC-CORE provides industry leaders in the region with expert information on the adoption of renewable energy technologies. • The Worldwatch Institute’s Energy and Climate program is promoting renewable energy in the Dominican Republic and Haiti. Work in the Dominican Republic includes a renewable energy roadmap for the National Energy Commission. • The Latin American Wind Energy Association (LAWEA) provides information about the wind market throughout Latin America to promote the industry and help bring in foreign investment. Efforts like these have led to modest growth in the region’s renewable energy industry. Though some renewable energy sectors are growing faster than others, globally renewable energy use is on the rise. According to the United Nations Environment Programme (UNEP), investment in renewable energy grew 32 percent in 2010, and the global industry is valued at a record breaking $211 billion. Interestingly, UNEP also found that developing countries are investing in Renewable Energy Best Practices in Promotion and Use — Andrea Luecke — Page 8PDF Image | Waste Heat Recovery and RPS Policies in the US
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