Energy evolution

Energy evolution
While attempts are being made to move away from fossil fuels for energy production, the transition is not happening as efficiently as many predict. New methods of extracting oil and gas have kept these resources cheap and plentiful and have turned importers into leading exporters. Meanwhile, failed policies – many of them based more on emotion than on scientific facts – have exacerbated many of the problems energy markets face – or created new ones.

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A map of the Nile river basin

Looking for compromise on Ethiopia’s Renaissance Dam

Egypt, Ethiopia and Sudan are struggling to strike a deal over the Grand Ethiopian Renaissance Dam, a $4.8 billion project in the works since 2011. Situated on the Blue Nile, the dam would triple Ethiopia’s electricity production and generate much-needed economic growth. But Egypt has ancient ties to the great river, as well as more recent political and economic interests in shaping how its waters are dispersed through the Nile basin. At stake is also American influence in the region: if the parties can’t reach an agreement in the U.S.-led process, Russia and China may be tempted to step in.

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