...the Group of Seven (G7) 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.I'd certainly like to think this is big news... Can anyone give me a sense of how well G7 proposals fare in the real world?
The report said this would be the first time that the seven industrialized nations—Britain, Canada, France, Germany, Italy, Japan and the United States—have collectively referred to use of alternative energy sources in their statement.
The G7 is considering calling for use of alternative sources such as 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.
Technorati tags:renewable energy, G7
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