June 12, 2026
POOR PLANNING – WHY 2/3 OF THE ENERGY PRODUCED IS WASTED
Yes, you read right – two thirds of the energy produced globally is WASTED, according to the World Bank. And every dollar invested
in energy efficiency returns from USD3-5 and yields other obvious socio-economic benefits like lower energy poverty and reduced
demands on taxpayers. What other investment yields 300% or more? As I type this from the Cayman Islands where all kinds of
debates and petitions are underway regarding their energy costs and renewable transition, I am relieved that this Compass Editorial
echoes what I have been long-lamenting, even on their platform – that the people of the Cayman Islands must collectively, and
ideally unanimously decide what they want their population level to be in the next 10+ years, from which energy and all other
infrastructure plans should cascade. Otherwise, with their eyes wide shut, Cayman is sprinting towards a limitless population by
default.