The economic viability of solar power is advancing rapidly. It’s actually already more then competitive within certain markets, and the price of solar panels saw a precipitous decline over the last four years.
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"A report by the UN Environment Programme's Finance Initiative (UNEP FI) says loss of soils, forests, and fisheries, as well as rising resource costs, are likely to become increasingly important to a nation's economic health – and may therefore affect its ability to repay or refinance sovereign debt."
This excellent report makes the link between the world's financial debt crisis and the global ecological debt crisis. The debate on austerity gets a completely different dimension if you look at this double challenge. Via Willy De Backer Delete the scoop?
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Malaysia is a perfect nation for solar power - similar to New Mexico