[Reuters] G7 to Seek Development of Alternative Energy -Kyodo

[420inTN]

Tue Apr 5, 8:22 AM ET

TOKYO (Reuters) - The Group of Seven economies will call for the development of alternative energy sources in the face of record high crude oil prices when they meet next week in Washington, Kyodo news agency said on Tuesday.

Quoting from what it said was the draft of a statement to be released at the meeting, Kyodo also said the G7 would welcome the U.S. Deputy Defense Secretary Paul Wolfowitz's appointment as World Bank president.

<snip>

Kyodo said it would be the first time that the seven industrialized nations -- Britain, Canada, France, Germany, Italy, Japan and the United States -- have referred to use of alternative energy sources in their statement.

The G7 is considering calling for use of "alternative sources," possibly natural gas and renewable energy, while repeating calls for oil-consuming nations, such as the United States and China, to promote energy efficiency and for producing countries to ensure stable supply, Kyodo said.

more, full story here

[Trillo]

1. It's about time.

edited to add:

'I hope' they're being honest.

[420inTN]

2. tru.dat n/t

[Mother Jones]

3. This is a huge step in the right direction

Our Canadian govt. has committed 1 billion to Kyoto (as in Kyoto, Japan) and though it's not yet defined, I am hopeful it will be an investment into wind and/or solar resourcing.


I'm still hopeful that the NEXT U.S president will step up to it.

[420inTN]

4. Let's just wait and see...

... if they run or crawl to solve the problem.