Most Emerging Market countries suffer from an energy deficit. Valuable foreign exchange is wasted on importing coal, oil and natural gas while volatile global prices play havoc with their balance of payments.
Currently 1,4 billion people on our planet do not have access to electricity which is a serious inhibitor to economic growth and poverty aleviation.
In addition, their environments have been polluted by burning fossil fuels, which creates greenhouse gases, while extensive de-forestation has occurred as citizens look for cheaper energy solutions which is creating severe economical damage.