The Middle East and Africa are well known for their fossil fuels and have been a resource for the rest of the world. This catapulted former underdeveloped and barren communities into some of the world’s richest areas. The question for development that is currently being faced is how these regions can continue their growth while diminishing their own reliance on oil and oil products. Energy policies are being examined to address the intensity of growth and expansion, which will soon outplay electricity needs to the point of potentially importing oil.
IEA is working with the various governments to develop new infrastructures and plans to address and meet the population growth and power needs, while balancing the requirements with solar and wind power sources. The future of these regions also offer the ability of exporting the renewable energy sources throughout the Mediterranean Basin. This is a complete win strategy as they reduce their carbon footprint, accommodate the population energy needs and also encourage profits and a return on investment with alternative energy.
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3 Responses to “Middle East and African Economies Strengthened with Energy Policies”
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What an incredible step in the right direction, and one that is totally unexpected. Before the global need for so much oil, these people were just a group of random desert leaders, with very little in the way of wealth or growth. Oil made them rich and over the years they have evolved into some of the world’s greatest thinkers and planners. They are now demonstrating their savvy attitudes with some visionary thinking and moving beyond what they see as energy that will soon be low in demand. There is a global attitude to move towards sustainable energy and they are ahead of the game.July 15th, 2013 at 11:27 pm
Just read that America is exporting a ton of coal and trying to make a profit on something that is still high polluting. Many other countries are letting these energies go and moving to alternative energies that will pay for themselves and make them money. Why can’t we be doing this? Are our politicians and corporate heads so short sighted?July 14th, 2013 at 5:23 pm
The U.S. should be watching these countries. They are already planning for a low demand of fossil fuels and looking to the next ways to not only keep their countries supplied with energy, but potentially maintain their lead as energy sources. Good for them.July 13th, 2013 at 8:52 am