Energy | Nature

Sustainable energy scenario could save Asia 766 billion dollars

Posted : Mon, 28 Apr 2008 06:34:08 GMT
By : DPA
Category : Energy (Environment)
News Alerts by Email ( click here )
Energy Environment News | Home
Bangkok - If Asian-Pacific governments follow a more sustainable energy paradigm they can shave 766 billion dollars off the estimated 9 trillion dollars needed to improve their energy infrastructure by 2030, a United Nations report concluded Monday. The cost of expanding and modernizing energy systems in the Asia-Pacific region to meet soaring demand between now and 2030 is expected to reach 9 trillion dollars, but this could be cut to 8.3 trillion if the region follows a sustainable energy scenario, said a UN study on "Energy Security and Sustainability Development in Asia and the Pacific."

Over the next 22 years, for instance, China will need to spend 1 trillion dollars on transmission and distribution networks alone and India will need to spend 700 billion in the electricity and oil sectors, said the report, which was issued at the 64th session the UN Economic and Social Commission for Asia and the Pacific (ESCAP).

This year's ESCAP session, which ends Wednesday and has drawn more than 100 ministers and country representatives to Bangkok, will focus on sustainable energy development in the region, home to two-thirds of the world's poorest 1 billion people.

"Some 1.7 billion people in the region are using bio-mass fuels, and 1 billion people still lack access to electricity," said UN Secretary-General Ban Ki-Moon in an opening address to the ESCAP session.

Asia also has the highest death toll resulting from indoor air pollution caused by burning biomass - such as wood and animal dung - amounting to nearly 1.3 million a year in India, China and South-East Asia.

The region's governments face a double challenge of meeting their people's growing energy needs while doing so in a more sustainable manner, to result the adverse impact of global warming.

"Between 1990 to 2004, per capita energy use in the region more than doubled," said Ki-moon, in a speech delivered by ESCAP Exectuive Secretary Noeleen Heyzer. ""As a result CO2 emissions has increased dramatically."

The UN Secretary General urged the region's governments to meet development targets while promoting sustainable and efficient energy use.

Between 2006 and 2030, coal production is likely to increase 70 per cent in the region, mainly driven by consumption in China, India and Indonesia, predicted the UN report on sustainable energy.

The report urged these countries to switch from coal to natural gas, or at least adopt more sustainable practices in coal consumption, such as using coal beneficiation (washing), and more efficient coal burners.

Regional governments will also need to seek more innovative means of financing their huge energy infrastructure investments over the next two decades, warned the UN.

"The way ahead will rely on using innovative financing and greater regional and sub-regional cooperation to develop energy infrastructure which promotes equitable economic and social development without compromising the environment," said Heyzer, who heads ESCAP.

ESCAP comprises a massive region, stretching from Central Asia to the Pacific islands, including the world's two most populous countries China and India.

Copyright DPA

Share/Save/Bookmark

Article : Sustainable energy scenario could save Asia 766 billion dollars
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader


Related News

ElBaradei sceptical about Iran's nuclear counterproposals - Summary
Vienna/Tehran - International Atomic Energy Agency chief Mohamed ElBaradei reacted sceptically to Iran's counterproposals on a multinational nuclear fuel deal on Wednesday and indicated he does not see a need to change th...

EXTRA: ElBaradei sceptical about Iranian nuclear deal ideas
Vienna - International Atomic Energy Agency chief Mohamed ElBaradei reacted sceptically to Iranian counterproposals to a multinational nuclear fuel deal on Wednesday and indicated he does not see a need to change the agreement drafted by the IAEA. Re...

World powers seek IAEA resolution on Iranian nuclear site - Summary
Vienna - Six world powers aim to put pressure on Iran with a resolution at the International Atomic Energy Agency (IAEA) that would censure Tehran over its new nuclear site and would involve the UN Security Council, diplomats said Tuesday. The IAEA's...

World powers seek IAEA resolution voicing 'serious concern' Iran
Vienna - Six world powers have drafted a resolution to censure Iran at the International Atomic Energy Agency (IAEA) over a new nuclear facility and to involve the UN Security Council, several diplomats said Tuesday. The IAEA's governing board is set...

Norwegian group hopes to use osmosis to produce power
Oslo - Oil and gas rich Norway on Tuesday inaugurated a prototype power plant to produce energy based on the principle of osmosis. This new technology generates electricity simply by mixing water, said Bard Mikkelsen, the chief executive of Statkraf...

Ukraine gas company chief: 'No cut offs for New Year'
Kiev - Russian natural gas supplies will flow uninterrupted to European consumers at the beginning of 2010, a senior Ukrainian official said on Monday, according to an Interfax news agency report. This year we are going to meet the New Year at home,...

Report: Iraq to seek US nuclear technology
Baghdad - Iraq, reportedly home to the world's third-largest oil reserves, will seek peaceful nuclear technology from the United States, an Iraqi lawmaker said in remarks published Monday. The government seeks to produce and use nuclear energy for p...

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 

 

More Energy (Environment) News click here
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark

 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 

What a great picture on your flat screen TV!.... That's not our TV. It's our window. The sea level has risen a bit.


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.