The Department of Chemical Engineering

INTRODUCTION

Trinidad and Tobago will be impacted significantly by international climate change policies. It is expected that after COP26 various nations will intensify their efforts to achieve net-zero carbon conditions by 2050 or 2060. Trinidad and Tobago is a major exporter of LNG, ammonia, methanol and fertilizers. The economy will therefore be severely negatively affected by these worldwide policies.

It is crucial that an optimal policy is defined and implemented to lead the country through the energy transition over the next four decades. The well being and wealth of the next generation depends on the success of this policy. Yet, so far such a policy has not been developed, although the country has committed to its contribution under the Paris Agreement, while the Government has various established strategies and plans with respect to oil and gas, renewable energy and power generation.

This document is meant to be an initial contribution to a discussion about this matter. The authors have prepared this report at their own initiative and are not financed or sponsored by any party. The reason for the report is for us to celebrate 50 years of our services in the petroleum industry with a look at the next 50 years. It can be accessed via the link below.

AUTHORS:

Professor of Practice Andrew Jupiter
The University of the West Indies
St. Augustine

Dr. Pedro van Meurs
Van Meurs Energy