OECD
Political upheaval in oil producing African and Middle Eastern states could drive the price of gasoline to $5 per gallon this summer in the United States.
The U.S. Energy Information Administration (EIA) newly-released International Energy Outlook (highlights-pdf) projects a growth in global renewable energy, but a world still dominated by fossil fuels due to massive increases in energy demand.
The Export-Import Bank of the United States became the first Export Credit Agency (ECA) to adopt a comprehensive Carbon Policy to guide its support of United States exports in light of climate change concerns.
On Friday, G20 leaders committed to phase out inefficient fossil fuel subsidies over the medium term and asked their finance ministers to report back at the next meeting in Canada in June next year.
Given the unforgiving amount of sunlight that Africa recieves everyday it makes it a potentially great place for the development of a large Concentrated Solar Power (CSP) industry.
