APEC: Growth requires diversified energy mix

Sept. 7, 2007
Foreign and trade ministers at the Asia-Pacific Economic Cooperation Forum Sept. 6 called for ensuring a "diversified mix of energy sources," including nuclear energy.

Eric Watkins
Senior Correspondent

LOS ANGELES, Sept. 7 -- Foreign and trade ministers at the Asia-Pacific Economic Cooperation Forum Sept. 6 called for ensuring a "diversified mix of energy sources," including nuclear energy, in order to pursue the region's long-term economic growth, while reducing dependence on fossil fuels.

In a joint statement issued after their 2-day meeting in Sydney, the ministers said the diversified mix includes "the use of natural gas, biofuels from sustainably farmed crops and residues, renewable energy, and nuclear energy for interested economies."

"We recognized the importance of achieving oil security, including through improving data sharing," they said. "Climate change, energy security, and clean development are of vital interest to APEC economies."

The ministers agreed on "the important role of market-based solutions in mobilizing economy-wide efforts to address energy security and achieve sustained reductions in greenhouse gas emissions."

APEC comprises Australia, Brunei, Canada, Chile, China, Hong Kong, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, South Korea, Taiwan, Thailand, the US, and Vietnam.

Contact Eric Watkins at [email protected].