Monday, April 22, 2019

Is the Costa Rican Government Trying to Save Recope for Ulterior Motives

Should the Government save Recope and to what end and at what cost? These are doubts some deputies have. There is an initiative to save it almost at any cost by changing it into an entity that ventures into alternative energies.

The bill in question would change the name of Recope to the Costa Rican Company of Fuels and Alternative Energies, Sociedad Anónima (Ecoena) and dedicate it to the research, development and sale of alternative energies.

It is not well received because it is a way to finance an institution that has already been inefficient for such a long time, a risk to public finances. Additionally, it would be doing a job that the private sector already does well.

An additional problem seen with the idea is that it focuses on hydrogen energy, an energy type not yet proven. Costa Rica should be focused on solar power because of the solar energy to spare.

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