India's Traditional Power Sources on Razor Edge of Supply
The
biggest economic story of the 21st century has been the dramatic
emergence in the last decade of the “BRICs” – Brazil, Russia, India and
China.Their dramatic emergence onto the world’s global economic stage
has produced a middle class in all BRIC countries, whose growing clout
wants reliable 24/7 power. The Russian Federation is awash in oil and
natural gas, Brazil after the 1973 oil embargo developed ethanol
alternatives and last year became an oil exporter, which leave energy
and resource-starved China and India scrabbling…Read more...
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