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This is a joint post with Joel Meister and Matt Hoffman.
The May 11-12th meeting of the Clean Technology Fund’s Trust Fund Committee will consider a proposed $6-8 billion solar thermal power program for North Africa and the Middle East, according to the World Bank’s Climate Investment Funds website. The concept note, Clean Technology Fund: Concept Note for a Concentrated Solar Power Scale-up Program in the Middle East and North Africa Region, cites CGD research on solar radiation potential in the region and is the most encouraging sign yet of CTF stakeholders’ commitment to clean energy development.
You could be forgiven for thinking that national action to reduce greenhouse gas emissions is going nowhere. This article in yesterday’s Washington Post describes the persistent hand-wringing inside the Beltway about the putative cost of cap-and-trade regulation. The argument continues although, as I and many others have argued, the U.S.