Home › News ›

Latin Americans in the Dark About Energy

Posted by: Alek Miller

3 December 2009 - 6:00am

Some say Latin America is in a serious energy crisis, underlined by frequent blackouts across South and Central America.

"Experts say a woeful lack of investment by governments across the region means they will have to spend vast sums in the future.

The Regional Commission of Energy Integration, which includes public and private companies, estimates that Latin America needs to spend about US$10 billion (6.7bn euros) in the next decade to be able to supply 100 million people who have no access to electricity."

Full Story: Dark truth about Latin American energy
Source: BBC News, November 20, 2009
»
Bookmark and Share
“
Cars, I've come to believe, operate in two economies -- the cash economy, where you pay for them in dollars, and the gift economy, where you pay for them in favors -- basically, rides exchanged.
”