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The price of power.

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Presentation on theme: "The price of power."— Presentation transcript:

1 The price of power

2 oil peak

3 what’s the solution? “Renewable energy is inexhaustible and abundant. It is clear therefore that in due time renewable energies will dominate the world’s energy system, due to their inherent advantages such as mitigation of climate change, generation of employment and reduction of poverty, as well as increased energy security and supply.”

4 Energy available

5 it’s happening Around 46% of households in India have no mains electricity, supply is unreliable for many more. SELCO-India has designed and sold over 48,000 solar home systems, powering electric lighting and small appliances for 220,000 people in Karnataka and other states in South India.

6 what’s the obstacle? OECD annual subsidies to fossil fuels (late 1990s) = $73 billion Rich countries pledge of additional help to poor countries to adapt to climate change = $0.4 billion

7


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