Article
Profitable Pollution [Egypt]
...heavy industry and [Egypt’s] Ministry of Electricity have found a business case for reducing pollution — exporting hot air is profitable business...The combination of a favorable investment climate, potential for emissions reductions across a range of heavy industries and abundant renewable energy resources make Egypt the most attractive place to invest in CDM [clean development mechanism] in the Middle East…So far three local projects have tapped into the market…[:] Veolia Environmental, known locally as Onyx Alexandria, [has a] landfill gas capture system…Zafarana…[has a] wind farm on the Gulf of Suez…Mohab Abd Elkader, engineering [at Veolia]…says: “We would have done [the project even without CDM]…we protect the environment from pollution and one of [our activities] is to collect this gas.[“]…Alexandria Carbon Black [part of Aditya Birla Group] [also has] a strong commitment to the environment…