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HUMANITIES SCIENCE POLITICS

Science, People & Politics ISSN 1751-598X

ENERGY SPECIAL | 10

GLOBAL ENERGY CHALLENGE

Here I propose how science and politics could engage with the world of money to identify
energy projects for sustainable finance. Without prioritising energy it is hard to see how the UN
development goals will be met by 2030. Without sustainable finance endorsed as ethical
through diplomacy it is hard to see how war can be avoided..........By Helen Gavaghan

A CALL TO SCIENCE AND POLITICS

THE UNITED NATION GOALS ARE
No poverty
Zero Hunger
Good health and well being
Quality education
Gender equality
Clean water and sanitation
AFFORDABLE AND CLEAN ENERGY -- SDG 2030 -- GOAL 7
Specifically: energy efficiency, renewabke energy and access to modern energy

Decent work and economic growth
Industry, innovation and infrastructure
Reduced inequalities
Sustainable cities and communities
Responsible consumption and production
Climate action
Life below water
Life on land
Peace, justice and strong institutions
Partnerships for the goals

IMAGINE YOU RUN A COUNTRY and must develop power generation, transmission,
distribution and customer connections to fuel-supply lines or an electricity grid. Review with
your mind's eye your country's scientific knowledge, technical competence, legal infrastructure
and natural resources. Your exchequer is empty. So you need to borrow from the World Bank
or European Bank for Reconstruction and Development, or some such, but you are already in
debt. The following equation won't magically conjure a loan, but if analysed it might help.
Consider: Earnings (in this context earnings is operating profit, actual or projected) = net profit
+ interest + tax + depreciation of physical asset + amortization of non-tangible asset, such as a
favourite patent. [It might also be a help to quantify separately how much you are owed for en-
rgy already sold if that money is unlikely to be paid.] Can science and politics jointly optimise.

CONTINUED ON PAGE 12. ENERGY INFOGRAPHIC FACING BY HELEN GAVAGHAN©

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Issue 1 (Jan-Mar), 2017............................................Science, People & Politics ISSN 1751-598X print and online


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Published Friday 24th February, 2017,
nominally.
Completed 9th April, 2017.

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HTML/CSS by Helen Gavaghan©