Friday, September 16, 2011

U.S. Energy Secretary Announces $350M for Clean Energy Tech in Developing World

U.S. Energy Secretary Steven Chu has announced an international agreement that will see developed nations give $350 million to developing nations. The Renewables and Efficiency Deployment Initiative (REDI), plan will fund technology in the developing world, including solar lanterns, standards and labels for energy efficient appliances, and online clean energy communication tools.
Huh? Is this something the developing world needs? Yes many need better lighting (aka solar lanterns) but standardized labels and standardizations? It's not clear that this is solving any problem.
Also the problem wasn't really caused by the developing world but by the developed world. As the developing world develops their energy and pollution intensity increases so it would be best for them to adopt clean tech from the beginning rather than have to retrofit afterwards like we're doing.