5 Year, Multi-Million Dollar Plan to Place Clean Technology in Developing Nations Unveiled by US
On Monday, a 5 year plan which would involve funds worth $350 Million was announced by Energy Secretary Steven Chu to deploy clean technology in developing nations of the world, and the drive will include efforts such as placing solar lanterns in poor homes and promoting appliances which are advanced energy-efficient.
Christened the Climate Renewables and Efficiency Deployment Initiative, the drive is being viewed as an attempt by the US and various other industrialized countries to help pull down energy consumption in nations that will "help determine if global greenhouse emissions keep rising or level off".
"No matter what pledges are made here in Copenhagen, global emissions cannot be cut without widespread deployment of clean energy technologies", said Paul W. Bledsoe, a spokesman with the National Commission on Energy Policy.
As far as the funds for the initiative go, $85 Million will be put in by the US, while the remaining funds will come in from Australia, Britain, Netherlands, Norway and Switzerland. The plans have all been confirmed by the White House as well.
- Login or register to post comments
Print
Email to friend
Related Articles
- Asian Development Bank to boost clean energy investments
- Chinese leaders urge rich nations to lead on climate change
- Germany gives 9 million euros to climate initiative in Thailand
- Obama and Gore discuss climate, energy
- Ban urges European Union to lead in climate change programmes
- What warming? Climate change slips among global priorities
- Overwhelming Evidence of Greenhouse Gas Dangers Requires New Law
- Obama to pick Nobel physicist as energy secretary
Michel Sidibe, the head of UN AIDS agency – UNAIDS said Monday, since homosexuals, drug users and prostitutes are criminalized by the law, new HIV...
Crime-scene drama fans may soon find fingerprint dusting to be passé, after a new forensic technique debuts on their favourite TV series i. e....
Buckfast, a tonic wine made by monks has been at the heart of the controversy surrounding Scotland’s problems with drink and crime, and which...
Fitness coaches believe they have found the Holy Grail of fitness regimes that delivers maximum benefit for minimum effort.
Research...
A report claims, NHS treatment watchdog’s acting contrary to the recommendations of a government inquiry, has resulted in patient’s being denied...
According to Macmillan Cancer Support, a leading cancer charity, cancer patients at the end of their lives are losing out on millions of pounds...
Only 11-years old when his mother died of cancer, Chris Way, 17, is in his senior year of high school, and only too aware of the mother and son...
A recent debate about health insurance on Fox News had Bob Beckel, the Democratics political strategist explaining that the president needed an...
The Chronicle has learnt that even though the drug lab technician’s sister told the police she suspected the woman may have taken a cocaine vial...
The US Consumer Product Safety Commission (CPSC) has issued a warning against using baby sling carriers after 14 deaths were associated with their...
While, many stories have been written about the many aspects of health-care reform, there are few on how the Americans have reacted and responded...
According to data from a government-sponsored study, adding a triglyceride-lowering drug to cholesterol-fighting statins i. e Tricor, Abbott...
