G-20 Infrastructure Commitment
On November 16, 2014 leaders of G-20 nations in Brisbane, Australia presented a plan to boost global GDP by more than $2 trillion over five years by investing in infrastructure and increasing trade. Presumably the infrastructure they have in mind will include projects to reduce the use of fossil fuel, chronic poverty, and the abysmal gap in the distribution of wealth and income. If so, here are additional countries with abundant sunshine and water, prime candidates for the mass production of hydrogen by electrolysis.
They, like so many others throughout the world, have little or no fossil fuel reserves. As a result, they are compelled to import most if not all the fuel to generate electricity, payable (so far) in U.S. dollars. If they switch to solar along the lines of the successful Hawaiian prototype, they’ll become energy exporters and save all that precious hard currency. Further, if the countries distribute the net profit to homeowners -as they should since the latter would generate the electricity to produce the hydrogen- this new and permanent income stream would stimulate construction, create jobs and reduce their poverty rate.