OK Gente,
A key part of the future of Puerto Rico is certainly getting out of debt. Like it or not, that has to be done w/in US economic system. Getting legislative change seems key.
I would contend that if restructuring can happen, one crucial item in the post restructuring phase is renewable energy. They have to replace the dinosaur electrical utility they have…The Puerto Rico Electric Power Authority (PREPA).
Decentralized renewable energy would be a big help! If I did a plan, it would include no taxes for renewable energy companies for x years …tax breaks for those consumers who use it. USA govt. could subsidizing implementation through the Energy Department.
Let PR be laboratory for renewable energy instead of other crap. Lots of engineering strength in PR. Build on that! Could be important.
I would organize island wide folks from engineering departments and ex-NASA folks. They should be encouraged to start a bunch of renewable energy companies. These companies could get US govt and external funding (eg. Solera?) to set up a new grid for PR and then expand the Caribbean and then Florida. Further, PR could make deals to sell some of the electricity generated to northern US states in the winter.
Just a thought.
Sun, wind and engineering! The island has all three!