IEA says $36 bn/yr to eradicate energy poverty

Friday, September 24, 2010

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.

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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 projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply