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Nobody said it was easy: Egypts energy reforms unwrapped
2016-06-13 10:19:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: In July 2014, amid an economic crisis, the Egyptian government sharply cut subsidies on electricity and all fuels except LPG. Prices rose by as much as 78% for most consumers, including low-income households. In a country where subsidized energy has been part of the implicit social contract for decades, such a policy change was unprecedented. Yet it was implemented without much opposition. The question now is, can the reform process continue? Taking a closer look, it is clear that the 2014...
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Category:Electronics and Electrical