Creating a Sustainable Future
Sustainable ideas for practical people.
February 15, 2011
Egypt - Energy and Food
In 2006 Egypt spent about $10.8 billion a year subsidizing oil & gas products, according to the International Energy Agency. Each Egyptian is thus writing a $135 yearly check to subsidize its fossil fuel insustry. In a country where
19.6% of the population lives
on less than $1 per day and the
average family spends 40% of their income buying food
this is an unsustainable policy.
Egypt can transcend its chronic poverty and become an energy world power
. If Egypt were to build solar power plants in an area similar to the Aswan hydro-electric dam it would produce the energy equivalent of all of the Middle East oil exporters combined.
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