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November 30, 2006

ASEAN to cut dependence on Conventional Fuels

by Administrator @ 8:42 pm. Filed under -CeBu CeBoom CeBlog


This news from the World Busniess Council for Sustainable Development

East Asian countries to cut dependence on conventional fuels

Southeast Asian nations are to reduce their dependence on conventional fuels and explore stockpiling oil as part of a sweeping energy program, according to details of a draft pact obtained by AFP.

The draft is to be signed by the 10 leaders of the Association of Southeast Asian Nations (ASEAN) when they meet with their counterparts from Australia, China, India, Japan, South Korea and New Zealand in the second East Asian summit next month in the central Philippine province of Cebu.

The leaders will pledge to work closely to limit dependence on “conventional fuels through intensified energy efficiency programs, expansion of renewable energy systems and bio-fuel production and utilization.”

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