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G7 to Call for Developing Alternative Energy

Kyodo News reports that 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.

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.


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