Does it make sense if Europe promotes the development and expansion of renewable energy sources in MENA?
An investment subsidy for renewable energy sources amounting to less than EUR 10 billion should be considered as an investment in a safe and inexhaustible energy source of the future. In terms of the atmosphere and climate protection, it does not matter whether the CO2 emissions arise or are avoided in Europe or the MENA region. In the end, the speed of the CO2 reduction is the decisive factor. There is an abundance of solar energy in the deserts and wind energy in the western part of North Africa. This could be used not only to meet the energy and desalinated water requirements of these countries, but a part of the energy needs of Europe could also be covered by imported clean power. In addition to reducing future conflicts over water and energy resources, many further advantages will also be created for the citizens of all participating countries.
Related Questions
- Is importing solar energy to Europe even necessary? Wouldn’t that force domestic sources of renewable energy from the market?
- Does it make sense if Europe promotes the development and expansion of renewable energy sources in MENA?
- How will Aquabank™ promote the development of new, renewable energy sources such as wind?
