Oil production in Cuba and a pristine ecosystem

Former Chevron Corporation executive Silvia Garrigo shared insights on the future of environmental sustainability, renewable energy and what the death of Fidel Castro will mean for business in Cuba with students in the College of Business’ international business and strategy program.

“I don’t think Cuba is an attractive market for multinational businesses in the fossil fuel industry now,” said Garrigo, former manager of global policy and corporate responsibility at Chevron. “Exploring and producing oil in the Caribbean is not very attractive for a large multinational because the reserves are not big enough to justify a long-term, multi-billion dollar investment.”

Read the full story of Garrigo’s conversation at BizNews.fiu.edu.