It’s not diamonds. Nor is it gold. But it might be just as lucrative. European firms this time have their eyes on North African deserts as the location of a giant network of solar thermal plants to provide low-carbon energy for Europe.
I am extremely interested in the devlopment of Desertec, the half-trilllion dollar project that is being planned by a consortium of banks, corps, and think-tanks in Europe. The idea is to build a network of solar thermal plants based in north African deserts and send the low-carbon energy produced back to Europe.
But I am also extremely wary of it as well. There are a number of issues that I felt needed airing. Catch the full article over on Sustainablog.