Abstract
Abstract. African nations share a common situation in that they pollute little in terms of CO2s globally speaking, but at the same time global warming may have terrible consequences for the continent, set to face a sharp population increase. They have now access to few energy resources, which is conducive to their poverty. New renewables belong to the future (solar, wind, geo-thermal), whereas old renewables – wood coal – are a thing of the past. The coal or oil and gas dependent giants must start energy transformation, as must the many countries relying upon traditional biomass. The use of wood coal is simply too large for the survival of the African forest. Under the COP21, African countries have right to financial assistance, especially for more electricity to connect its rural and also many urban people to heating, air-conditioning and the electronic high ways. Without the COP21 promises, decarbonisation will be impossible in Africa, and thus its large need for more energy will lead to more CO2:s.
Keywords. COP21 Agreement, African energy diversity, new and old renewables, coal or oil and gas dependency, Super Fund.
JEL. A10; A22; A23; B10; E10.References
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