LEPHALALE, South Africa, Nov 25, 2011 (AFP) - Concrete towers rise over the African bush, as the continent's largest coal-fired power station takes shape in a multi-billion-dollar testament to developing nations' love affair with coal. South Africa, like China and India, has large domestic coal supplies that provide a cheap source of energy to meet an ever-growing demand. But they have also driven the three nations to the top ranks of the world's carbon dioxide emissions, a key driver of climate change. Collectively they are pouring tens of billion of dollars into new coal plants, while also pushing ahead with plans for nuclear and renewable energies. "These days coal has become something like a swear word. No one likes it, but the country needs electricity," said Cornelis van der Waal, a South African energy analyst from Frost and Sullivan consultancy. "Everyone would love clean energy but coal is cheap and at this stage this is what the country can afford," he said. South … [Read more...] about Developing economies see no escape from coal
A developing economy
China insisted Tuesday it was still a developing nation despite overtaking Japan as the world's second largest economy, in the face of pressure to take on a greater role in global affairs. Thirty years after opening its doors to the outside world, China has enjoyed spectacular economic growth and already claimed the titles of world's top exporter, auto market and steelmaker. After outpacing its neighbour in the second quarter, China is on course this year to officially confirm its position as world number two -- a title Japan held for 40 years -- underscoring its emergence as a global economic and political force. While some analysts are predicting that China could take on the top spot from the United States within a few decades, commentators insisted it remained a developing nation with tens of millions living in poverty. Commerce ministry spokesman Yao Jian said China still lagged far behind its rivals in per capita terms and has a long way to go to becoming a world-class … [Read more...] about China ‘still a developing nation’ after eclipsing Japan
(VEN) - The Ministry of Industry and Trade (MOIT) officially launched an energy efficiency campaign themed "Promoting energy efficiency in enterprises and Governmental agencies" on November 27, 2012 in Hanoi. The campaign has a slogan "New awareness - New power" and will be implemented from 2012 to 2015. With technical assistance from the Danish Embassy and the International Finance Corporation (IFC), the strategy will focus on improving awareness and supporting major energy consuming enterprises in the enforcement of the Law on Energy Efficiency and Conservation. … [Read more...] about Pursuing a green economy
VietNamNet Bridge - In order to have a green economy, experts say, it is necessary to have good solutions for the economic governance, especially in carrying out economic reform, market coordination, applying reasonable frame energy prices, as well as appropriate fiscal policy. … [Read more...] about Vietnam urged to restructure towards a green economy
Vietnamese scientists believe that Vietnam has all conditions needed to develop a green economy, urging the government to take the actions right now to lay the cornerstone for the Vietnamese green economy. The fishing port of Nam Du in Kien Giang province Being a developing economy, Vietnam has been obtaining great achievements in economic growth, hunger elimination and poverty reduction over the last 25 years. However, scientists have affirmed that Vietnam needs a sustainable economic development with high growth quality, saying that a green economy is what Vietnam needs to strive to. In agriculture production, Cuba and Uganda have been targeting the organic agriculture for many years. The former began the organic agriculture development in 1990s, considering this an important solution to deal with the food crisis which weakened the nation at that time. The country turned the lack of pesticide, fertilizer and energy into the opportunity to develop organic agriculture which can … [Read more...] about A green economy, why not?