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22 September 2017 04:36 (South Africa)

There’s good money to be made in alternative energies in good old Europe

  • Branko Brkic
    branko3048 a ray
    Branko Brkic

    Brkic is the founder and editor of The Daily Maverick.

    He has edited magazines on business and politics, technology, and wildlife. He has also published fiction and non-fiction books, most of them in Serbian. Though he has never pretended to be a reporter, his wide knowledge of politics (especially in America), combined with his experiences in a disintegrating Yugoslavia, gives him an unusual outlook on events in South Africa.

    Despite the vowel-poor surname, he tells anyone who asks that he hails from Hyde Park, Johannesburg, having spent most of his adult life in South Africa.

    Recent columns:

All one needs to do is invent a really well put-together solar energy system that would be used in Europe to replace its dependence on fossil fuel. Easy, hey? Then again, there’s €16 billion there, allocated by the European Commission, as part of the most aggressive undertaking to date to develop alternative, sustainable energy as well as limit carbon emissions. After solar energy, the second on the list is carbon capture programmes, with €13 billion, followed by €11 billion for a new generation of buildings and transport systems. According to the plan, it would also allocate €9 billion for bio-energy industries that produce electricity or fuels from plants or organic waste materials. Finally, €7 billion is to be spent on nuclear fission, storage of waste and extension of nuclear plants’ lifecycle.

  • Branko Brkic
    branko3048 a ray
    Branko Brkic

    Brkic is the founder and editor of The Daily Maverick.

    He has edited magazines on business and politics, technology, and wildlife. He has also published fiction and non-fiction books, most of them in Serbian. Though he has never pretended to be a reporter, his wide knowledge of politics (especially in America), combined with his experiences in a disintegrating Yugoslavia, gives him an unusual outlook on events in South Africa.

    Despite the vowel-poor surname, he tells anyone who asks that he hails from Hyde Park, Johannesburg, having spent most of his adult life in South Africa.

    Recent columns:

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