In this paper, the author examines the current structure of the tax system for hydrocarbon production in Trinidad and Tobago in light of global trends in hydrocarbon taxation. Some of the main features of the tax regime are compared and benchmarked against what the literature has defined as best...

Renewable energy (RE) is noted for its socio-economic benefits as a sustainable source of energy particularly for small island developing states. However, for a country such as Trinidad and Tobago that is relatively rich in fossil fuels, this truism is severely tested. At current costs, RE...

Trinidad and Tobago is a small, energy-based, developing economy of the Caribbean. Using the most recent available data (2007) the energy sector in this country accounts for approximately 87 percent of exports, 48 percent of government revenue and 43 percent of gross domestic product....

Energy revenues represent roughly 45 percent of Trinidad and Tobago's GDP and are highly volatile since they are correlated with the price of oil and gas. Hence, sharp changes in energy prices, whether temporary or sustained, can have important consequences for economic growth and overall...