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techniques, coupled with carbon seize and sequestration have to be successfully commercialized to make continued reliance on coal resources appropriate with international carbon limits. Along with a necessity to extend primary electrical services to rural areas, many developing international locations face a rising demand for grid-connected energy to satisfy industrial and manufacturing power needs and to provide electricity in fast-growing city areas. In nations which have access to substantial coal supplies, conventional coal-fired steam-electrical power plants are sometimes the most affordable near-time period possibility for the addition of huge-scale, grid-related producing capacity. However, such investments risk locking-in decades of excessive carbon emissions and, until trendy pollution controls are used, substantial emissions of conventional air pollutants. These financial system-surroundings trade-offs are troublesome to resolve, especially for poorer nations which have pressing close to-time period wants for low-cost power. For those nations, assistance from developed international locations might be important to offset the additional costs and expertise demands of costlier, but cleaner and decrease-carbon, applied sciences. The first and most pressing issue for a lot of oil-importing nations is financial. A rapid rise in world oil costs has led to a steep and, for some international locations, increasingly unmanageable enhance of their import invoice for power commodities. For example, the worth of India’s oil imports elevated by greater than 20 p.c in a single yr, from $33 billion in 2006 to an estimated $forty billion in 2007.four The Economic Research Service of the U.S. Department of Agriculture has said, “For oil-importing creating nations, the $137-billion enhance in the power import invoice in 2005 far exceeded the $84 billion of official development help they obtained.”5 Moreover, oil prices have continued to rise considerably since 2005, adding further to this monetary burden. Global consumption of business forms of power has elevated steadily during the last four decades and has been recently marked by particularly dramatic growth rates in many growing international locations. Yet, stark inequalities persist all through the world in the entry to trendy vitality services. Between 1970 and 1988, the growing countries’

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