ALTERNATIVES BOOM IN SE ASIA, NOT WAR
Southeast Asian leaders are planning to grow renewable energy:
ASEAN calls for more renewable energy use amid high oil prices
shi/fz/bmm/swp, XFN-ASIA, 7-27-2006 (Forbes)
- Energy ministers from the Association of Southeast Asian Nations (ASEAN) have called for cooperation to boost renewable energy use amid soaring oil prices...
- ASEAN wants more investment and research to raise the region's capacity in renewable energy such as bio-fuels and hydro-power as alternatives to oil...
- "Reliable, adequate and affordable energy supplies are essential for strong and sustainable economic growth and competitiveness,' the ministers said in a joint statement...
And Hong Kong is rolling up its sleeves:
HK's CLP Eyes Renewable Energy Projects in Asia
Alison Leung, July 10, 2006 (Reuters)
- Hong Kong's largest electricity utility, CLP Holdings Ltd., is actively seeking wind energy and hydro power projects in China, India and other Asian countries to beat its renewable energy target...
- The power firm, which generates about half of its energy by coal with the balance from nuclear power and gas, promised to generate 5 percent of energy from renewable sources by the end of the decade, compared with 1.7 percent now...
It's the right direction.
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