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The Entire Debt of Africa Is Only $350 Billion

Posted on October 01, 2008

$700 billion still goes a long way.by Eric de Place I just can't help wondering what else we could do with $700 billion.According to the United Nations, the entire debt for the entire continent of Africa was about $320 billion in 2003. Adjusting for inflation and further accumulated debt, let's call it an even $350 billion.You could install solar panels on 20 million American homes for $300 billion. (I'm ballparking a rather conservative $15k for full installation of enough solar infrastructure to fully power an average American house; the price would surely come down drastically at that scal...

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carbon , carbon emissions , climate change , emissions , global warming , heat pumps , kyoto , solar , solar panels
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