We read it in the news every day. From climate change to overfishing to deforestation, it seems that we are on the brink of a natural disaster on an epic scale. If we cannot do something to reverse these trends, we will surely make our planet uninhabitable.
My last post on the Nigeria power industry was a reaction to a Vanguard article by the Minister of Power. It was an article I read while at Murtala Mohammed Airport in the midst of what turned out to be a brief power outage.
When it comes to power generation, Bangladesh faces a tough choice. On one hand the country has a burgeoning population with millions still without electricity coverage and coal reserves available to meet that need; on the other, it is one of the most climate vulnerable nations.
While clean energy is cheaper to buy and operate than fossil, it requires more capital at the front end -- because the benefits of free sun and wind flow over time, while the expenses of turbines, panels and batteries come all at once.