Unfortunately, I would say, with all due respect to the Governor, he re-politicized PREPA.
Eduardo Bhatia
The Public Record
★ Featured Quote
July 24, 2018
I have no doubt there has been fraud, corruption, and waste in PREPA.
— Eduardo Bhatia
Citizens have been hostages for too long with an outdated state-owned monopoly. They deserve to be liberated. And Congress can help.
I think we owe respect to our fellow citizens down in Puerto Rico, and we are not giving them that respect.
It was my bill that created the PREC. However, unfortunately, the current governor decided to sign a bill which weakened the Puerto Rico Energy Commission.
If PREPA wants to exist, it should compete on equal terms with modern, clean, cheaper providers of energy.
I would say the analogy would be to open up the market, allow this new generation of millennials and others, other engineers to develop their own technology.
If we can replace fossil fuels with the sun, now that the costs have come down dramatically, I think it would be a good, not only energy policy, but a good economic policy for Puerto Rico.
What happened to government of the people and by the people? What happened to democratic values?
I am making a case for solar energy, but I have to say it has to be a portfolio that will include oil, that would include gas.