Author Archives: Vahakn Kabakian

De-risking green power

De-risking green power

Lebanon’s energy sector is characterized by a significant supply-demand imbalance, continuing growth in demand (5 percent per year), high generation costs (partly due to aging infrastructure), and a lack of financial sustainability. Electricité du Liban (EDL) cannot recover its operating costs and depends on the Lebanese government to subsidize operations. In 2013, EDL received transfers

From Paris to Marrakesh and beyond

Back in 2015, the world agreed to a new climate regime, dubbed the Paris Agreement. A new order was set, where both rich and less fortunate countries jointly engaged in the fight against climate change. This requires action to reduce greenhouse gases – those behind climate change – as quickly as possible. The agreement came

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