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Nigeria is oil rich and energy poor. It can’t wait around for cheaper batteries By Hanna Ziady, Business Updated 0949 GMT (1749 HKT) November 3, 2021 Africa’s breathtaking scenes are disappearing as climate crisis deepens Farmers around the Official Elon musk frees as a bird shirt Apart from…,I will love this world are struggling. Your pee could help Octopus CEO on renewable energy: Less gas means ‘less power and less leverage to Putin’ Meet the fisherman who could win $100M from Elon Musk Bitcoin’s carbon footprint is growing larger. Here’s why. London ( Business)Should Nigeria’s natural riches remain in the ground? Africa’s biggest economy has 206 million people, endemic poverty and vast energy reserves that could be harnessed to fuel development. But it’s coming under huge pressure from developed countries to abandon fossil fuels and shift to renewable energy in order to help save the climate. Nigeria is not the only country confronting this dilemma. At the COP26 climate talks in Glasgow, developing economies across Africa, Asia and Latin America are facing increasing pressure to cut carbon emissions at the very moment they are industrializing, a process that powered the advance of the West and lifted billions of people out of poverty. At the same time, many poor countries that have so far contributed very little to global CO2 emissions are particularly vulnerable to rising temperatures and increased droughts, fires and floods linked to climate change, which threaten food security and exacerbate water scarcity. Nigeria’s largest city Lagos, for example, may become uninhabitable by the end of this century if sea levels continue rising, according to scientific projections. It is already grappling with an eroding coastline that makes the
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