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Greece turns to energy as its economic savior
Posted By Jay Baggett On 12/27/2011 @ 11:38 pm In Money | No Comments
(DER SPIEGEL) – In Greek mythology, the sun God Helios, son of Hyperion, drove his chariot across the sky from east to west each day.
Now, energy officials in the financially beleaguered nation are naming a major solar project after Helios and banking on energy more broadly as a possible way out of the financial crisis. That means exploring Poseidon’s domain of the sea by expediting plans for oil exploration, offshore wind energy production and, possibly, as a future natural gas hub. It also means completing oil and gas pipelines and privatizing state-owned oil, gas and power concerns.
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