Saturday, August 05, 2006
Energy Security
The G8 conclusions on energy security for 2006 are here.
Not a lot of urgent action was agreed, for example: Since 2/3 of world oil is consumed by the transportation sector and its fuel consumption is outpacing general energy consumption we will pay special attention to this sector of energy demand.
And should a nation state, which is lucky enough to have energy, extract it as quickly as possible for the benefit of the global market (not necessarily itself)?
Not a lot of urgent action was agreed, for example: Since 2/3 of world oil is consumed by the transportation sector and its fuel consumption is outpacing general energy consumption we will pay special attention to this sector of energy demand.
And should a nation state, which is lucky enough to have energy, extract it as quickly as possible for the benefit of the global market (not necessarily itself)?
# posted by IJ @ 2:03 PM 
