US Territories’ April 15-21, 2019 news week in tweets

by Apr 22, 2019News Week in Tweets0 comments

Public Energy Policy Law of Puerto Rico targets 100% renewable energy by 2050

Ricardo Rosselló, Governor of Puerto Rico, signed the Public Energy Policy Law of Puerto Rico, which targets relying on 100% renewable energy by 2050. The plan also looks to eliminate coal, completely, by 2028 and to have 40% of the islands’ energy needs to be renewable by 2025.

Puerto Rico to pay $1.5 billion to McKinsey & Co. to oversee Restructuring of the territory’s finances

Puerto Rican taxpayers are paying McKinsey & Co. $1.5 billion, over the next six years, to oversee the restructuring of the territory’s finances. Following Puerto Rico’s bankruptcy, McKinsey & Co. were hired to figure out how to pay the $74 billion still owed to bondholders. As government services have been cut public sentiment toward the company has worsened, and to complicate matters it was discovered that McKinsey & Co. had invested millions in Puerto Rican bonds as part of their internal hedge fund.

American Samoa celebrates its flag day on April 17

American Samoa celebrates flag day every April 17. The day marks the anniversary of the day American Samoa became a United States territory in 1900. Delegate Aumua Amata released a statement in commemoration of Flag Day 2019.

US Mint reveals new Northern Mariana Islands Coins

The US Mint reveals new Northern Mariana Islands coins honoring their national parks. Earlier this year coins were minted honoring Guam.

Team YETI from Guam won the US and International Championship at the Real World Design Challenge in Washington, DC

The Young Engineering Team of Islanders from Guam of John F. Kennedy High school won the US and International Championship at the Real World Design Challenge in Washington, DC. Each member will receive $50,000 in scholarship money.

Samples Show an Alarming Deterioration of Coral reef in the US Virgin Islands

Marine Biologist Dr. Marilyn Brandt says samples taken from the US Virgin Islands show “an alarming deterioration” of the coral reef. As climate change hastens the demise of coral reefs the economic and environmental impacts on the US Virgin Islands will be determined by the federal government’s climate policy.