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    Press about Russia

    06.17.2006

    Press / G8 Energy Security Plan Relies on Oil, Nuclear and Renewables

    STRELNA, Russia , July 16, 2006 (ENS) - "The need to protect the environment and to tackle climate change" is front and center in the Global Energy Security statement jointly issued today by the world's eight largest industrial nations, the G8, meeting here for their annual summit.

    "Ensuring sufficient, reliable and environmentally responsible supplies of energy at prices reflecting market fundamentals is a challenge for our countries and for mankind as a whole," the leaders said.

    Among the "serious and linked challenges" they face, the leaders of Canada, France, Germany, Italy, Japan, Russia the United Kingdom and the United States, joined by the European Union, put high and volatile oil prices and increasing dependence on petroleum imports at the top of the list.