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)?
Comments: Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?