G7 Nations Call for Alternative Energy Development

Statement marks the first of its kind for the seven industrialized nations that include Britain, Canada, France, Germany, Italy, Japan and the United States.

Published: 05-Apr-2005

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.


The forecast consumption of coal, nuclear and renewables have been increased from earlier predictions, while petroleum and natural gas consumption are lower.

The United States accounts for 2,544 MW of total installed capacity and 1,914 MW of operation, and the difference is due to a lack of steam due to over-exploitation of the Geysers field in California.

February 28,2006 address to National Governor's Ethanol Coalition.


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