A worker is seen at an oil exploration site in Bulisa district, approximately 152 miles northwest of Kampala, the capital of Uganda. As Africa continues to develop, energy demands and production are growing.
*(Via Christian Science Monitor) – As the sun sets over Africa each day, instead of flicking a light switch or heating up the oven, most people put a match to a kerosene lantern or a burning ember to a charcoal stove.
Africa, home to 15 percent of the world’s population, consumes just 3 percent of the world’s energy output, and 587 million people, including close to three-quarters of those living in sub-Saharan Africa, still have no access to electricity via national grids.
But the situation is changing, and swiftly. At 4.1 percent growth, Africa’s per capita energy consumption is growing faster than that of any other country, driven by improved infrastructure, inward investment, and efforts to tackle corruption.
Meanwhile, in the past five years, there have been 64 major discoveries of potential new fuel supplies – mostly oil and gas deposits. Of those, 13 were found in the first eight months of 2012 alone.
Read/learn more at CS Monitor.
*There’s little praise for Obama’s proposed plan to expand offshore drilling and gas development, says The Daily Beast.
The plan, which Obama designed to attract bipartisan support, has garnered wide enthusiasm from the oil industry, business groups, and some Republicans, and denunciation from environmental groups and some Democrats, The New York Times reports.
While the bill contains geographical provisions designed to appeal to certain senators, such as a coastal buffer zone off the coast of Florida to placate Sen. Bill Nelson, it has gained ire from New Jersey Sens. Frank Lautenberg and Robert Menendez for opening the mid-Atlantic region to drilling, and thus, environmental degradation.
What’s more troubling is that it’s unclear what oil is actually lurking off the American coast; some of the existing data are based on 30-year-old studies, and even if the high end of government estimates is correct, the new oil will only account for a small component of U.S. energy use.
The Daily Beast’s Eric Alterman says Obama’s proposal is more proof that he’s not a liberal like many of his supporters.
Read more HERE.