This is quite an interesting idea. Energy producing, information providing, electric car charging highways and parking places.
Solar Roadways
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Monthly Archives: September 2009
India’s goal is to address energy povery to solve economic poverty
External affairs minister S M Krishna told world leaders that India continued to face enormous developmental challenges and poverty eradication remains the nation’s top priority.
“Nearly 200 millions live on less than one dollar a day and nearly 500 millions do not have access to modern sources of energy,” he said.
“Our overriding priority, therefore, has to be eradication of poverty for which we must address our energy poverty and use all sources of energy, including fossil fuels,” he added.
Via Times of India
A great statement from the minister. The numbers are mind boggling in terms of the sheer size of the problem.
Paul Romer on Economic Growth
Economic growth occurs whenever people take resources and rearrange them in ways that are more valuable. A useful metaphor for production in an economy comes from the kitchen. To create valuable final products, we mix inexpensive ingredients together according to a recipe. The cooking one can do is limited by the supply of ingredients, and most cooking in the economy produces undesirable side effects. If economic growth could be achieved only by doing more and more of the same kind of cooking, we would eventually run out of raw materials and suffer from unacceptable levels of pollution and nuisance. Human history teaches us, however, that economic growth springs from better recipes, not just from more cooking. New recipes generally produce fewer unpleasant side effects and generate more economic value per unit of raw material.
. . .
Every generation has perceived the limits to growth that finite resources and undesirable side effects would pose if no new recipes or ideas were discovered. And every generation has underestimated the potential for finding new recipes and ideas. We consistently fail to grasp how many ideas remain to be discovered. The difficulty is the same one we have with compounding: possibilities do not merely add up; they multiply.
- Paul M. Romer, “Economic Growth”, The Concise Encyclopedia of Economics, 2007
Via Atanu Dey
Sarkozy calls for carbon tax on imports
“We need to impose a carbon tax at [Europe’s] borders. I will lead that battle.” – FT.com
Well, would’nt that change the whole scenario. Most of the imports will come from countries like China, India and others who do not have a carbon tax.
This will be interesting. The same is being discussed in Australia but mostly the steel and other industries who want this may get a concession in the tax which in the end defeats the purpose of the emission trading scheme.
India, China will not talk about a carbon tax for a decade atleast.
Will the WTO interfere?
