Welcome ! As a young French Marketing professional with a Master's in International Management I have been selecting since January 2007 the latest headlines and best researches on sustainable development, climate change, cleantech and the world energy sector. Sounds great ? Don't hesitate to subscribe now !
If you think gasoline is too expensive, you haven’t seen anything yet… To the Wall Street Journal : ” Nomura Securities says that if Algeria joins Libya in the land of chaos, oil prices could shoot to $220 a barrel. That’s in a worst-case scenario.”
“To back up that headline grabber, Nomura compares the current situation to the 1990-91 Gulf War. During that time, oil prices rose 130% in two months, according to our friends at Dow Jones. ” Oil is already above $110 in London…
This whole situation shouldn’t make us forget about peak oil, quite the opposite I would say. Luckily, many alternatives exist to end our oil addiction. We just need politicians willing to apply them, and quickly…
The World Bank via its Clean Technology Fund is investing $750 million (522 million euros) in eleven concentrating solar plants in the Middle East and North Africa region. This is due to spur additional investments worth $4.85 billion.
These projects are due to add nearly a gigawatt of capacity to local grids within three to five years in Algeria, Egypt, Jordan, Morocco and Tunisia and would triple the current concentrated solar power (CSP) capacity.
I wonder if this could be a significant boost to the DESERTEC project as it is exactly about building renewable energy facilities in these countries. Continue »
