The 42nd commemoration of Earth Day on April 22 provides an opportunity
to celebrate the environment as well as assess the work needed to protect
the natural gifts of the planet that we share. Climate change
remains one of the greatest environmental threats facing us today.
While I am proud to say that the United States is taking action to meet
this challenge, the truth is that no one nation can solve this crisis
on its own. Climate change is a global concern that demands a global
solution.
The adverse impact of climate change is already being felt; unfortunately,
the consequences will be particularly severe on island nations, including
The Bahamas. Sea levels are rising, oceans are becoming more acidic,
storms are becoming more frequent and intense, and water supplies are
increasingly at risk from droughts and floods. The Bahamas, like
many other island nations, has abundant renewable resources, making
it an ideal place to showcase the benefits of renewable energy and be
a role model for the rest of the world.
Both American and Bahamian government decision-makers, non-governmental
organizations, business leaders, and individual citizens are asking
how we can best prepare our communities for the impact of climate change.
In light of this shared concern, the United States is investing significant
resources in researching, developing and deploying clean energy technology.
The Obama Administration’s support of green technologies has shown
us that building a sustainable, clean energy economy reduces long term
energy costs in addition to helping drive new investment and job creation.
Thanks to government incentives, businesses, local governments and private
citizens across America are now installing wind turbines, investing
in solar panels, trading in their SUVs for hybrid cars and developing
breakthrough energy solutions, such as carbon capture and storage technologies,
next generation biofuels, and advanced batteries.
The Obama Administration is also working to accelerate the introduction
of clean technologies to Caribbean countries through multilateral mechanisms
that provide technical assistance and training. Reflecting this
vision, Under the Energy and Climate Partnership of the Americas, launched
by President Obama at the Summit of the Americas in 2009, the United
States has leveraged more than $150 million in government investment
to support more than 40 initiatives. In addition, through the
international partnership for Energy Development in Island Nations (EDIN),
the U.S. Department of Energy is assisting governments and businesses
in island nations across the globe in identifying technology, financing,
and policy solutions that allow them to tap into their renewable energy
resources and deploy energy efficiency measures.
The fundamental purpose of these partnerships is to promote sustainable
growth that benefits all of our citizens. By working together, every
nation in this region is capable of producing cleaner, cheaper, more
reliable energy, and in so doing, will ensure sustainable energy growth,
increased investment, a more diversified economy and new employment
opportunities. We cannot waste this opportunity to invest in the
future of our planet.