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Will extensive use of renewable energy have an adverse effect on the economy of Middle East?

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Question added by Nitin Chandran
Date Posted: 2013/06/11
hasan alasdi
by hasan alasdi , Researcher , Leeds University

Renewable energy used in the present day does not reflect economic.
The world to this moment searching for solar energy systems with low cost and to be effective, so the progress which is going on today in renewable energy is small and does not affect the use of oil and does not diminish the importance of the oil

Aftab Ahmed
by Aftab Ahmed , Senior Engineer- Technical Service and Coordination Department , Pakistan Oilfields Ltd (POL)

Yes, Because after all it is Oil & Gas upon which Middle - East  Economy  is based.

 

However, Middle - East Planners also knows it, so Tourisim Industry is also being developed in parallel.

Moreover, Value added Products made from Oil & Gas are also being developed in this region. Like Plastics, Paints, Colour Pigments, Lube Oils, Polymers etc. etc.

 

So, Middle - East has no Fear from Green Energy ............

Michael Landsman
by Michael Landsman

yes and no

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