Jan 28 2008

Energy beyond 2010

By John Baeyens | Share This South Africa

Apparently I'm not the only one who thinks Europe and especially Belgium is f***** when it comes to Energy. Below a quote from yesterdays coverage on MSNBC: "Russian energy deal adds to Europe fears":
Russia already supplies a quarter of Europe's natural gas and oil needs, and some Western leaders worry the growing dependence is giving the Kremlin a powerful geopolitical weapon. "I think you can now say that Russia has either won the war or is very close to winning the war" over gas supplies, said Chris Weafer, chief strategist at UralSib, a Russian investment bank. "Because the EU, which sought non-Russian import routes and non-Russian gas supplies, has failed to achieve anything."
Maybe we shouldstart installing solar powered traffic lights like they are doing in South Africa, where they know everything about power outages, or 'load shedding' like they call it over there.

If Brazil can manage it capacity planning of the(nearly 100%) hydro-power based electricity grid, they have a rosy future being a net exporter of petrol and soon gas, cf. the recently discovered Tupi and Jupiter fields in the Santos bassin and just outside Rio.


 

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