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Energy-constrained? Egypt? Only if you have an entrenched, hidebound investment sector that is uninterested in doing anything but seeking petroleum rent and e

by Vivtek 16y ago

Energy-constrained? Egypt? Only if you have an entrenched, hidebound investment sector that is uninterested in doing anything but seeking petroleum rent and ensuring the continuation of its own hold on power. Mistaking "oil" for "energy" is rather short-sighted, isn't it?

Qz 16y ago
Can you expand on that? I'm not familiar with Egypt's non-oil energy situation.
- Vivtek 16y ago
  It's 97% sun-drenched desert. There's plenty of energy in Egypt, on average 12 hours a day.
  - Qz 16y ago
    Good point. Hopefully solar tech will get to the point where making use of that energy is worth the investment.
xiaoma 16y ago
That particular site generates its following (and income) by stoking Malthusian fears. Underestimating technological and economic progress is to be expected.