IEEE, the world’s largest technical professional organization advancing technology for humanity, announced that IEEE Smart Village (ISV) has granted £1.2 million in new funds for selected sustainable energy projects with a potential life-changing impact on up to seven million people around the world. ISV, an IEEE Foundation Priority Initiative, is dedicated to promoting sustainable energy and access to educational and entrepreneurial opportunities in energy-impoverished locations around the world. The funded projects are in Nigeria, Uganda, Cameroon, India, and Papua New Guinea.
The announcement that CNOOC and Sinopec are to invest more than £10billion in Nexen and in Talisman's North Sea business can be seen as a vindication of the oil and gas industry's lobbying for a consistent fiscal regime.
