The accreted political left in Costa Rica is proposing that the oil bill that is being run up now, be paid for in the future by other generations.
EDITORIAL
Proposed by a legislative faction of the Frente Amplio party, the possible accession of Costa Rica to the oil alliance created by Venezuela, will not lower fuel prices automatically, but because of how the agreement works, it will mean financing oil purchases at rates that are just a little better than the current cost, simply to keep on increasing government debt, not to mention the political implications that could come from such a close relationship with the government of Venezuela.
Prohibition of geothermal power generation in protected areas would be lifted by the two presidential candidates who are leading the polls.
Johnny Araya of the National Liberation Party (PLN by its initials in Spanish) and José María Villalta from the Broad Front (Frente Amplio) party, said they would allow the Instituto Costarricense de Electricidad (ICE) to explore geothermal energy in the Rincón de la Vieja National Park in Guanacaste.
In order to reduce electricity rates, tax exonerations will be given on fossil fuel imports by the Instituto Costarricense de Electricidad.
In the next few days a bill will be submitted to Congress for the Instituto Costarricense de Electricidad (ICE) to be able to buy oil without that meaning rate increases. "We believe that this should be tax exempt because the fuel is purchased to generate electricity and people eventually will buy it back and pay tax on it again, ..." said Congressman José María Villalta.