IEA says $36 bn/yr to eradicate energy poverty

It would cost $36 billion per year to enable the world's 1 billion energy-starved people to access energy supplies at home by 2030, the International Energy Agency (IEA) said on Tuesday.

The IEA said in an excerpt of its 2010 World Energy Outlook that some 1.2 billion people, equivalent to China's population, would still have no electricity by 2030 if governments made no change to existing policies, down from 1.4 billion currently.

The $36 billion per year only represented 3 percent of global energy investments projected by the agency to 2030.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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