Global Energy Security (G8 Energy Declaration)
Article from: OGEL 4 (2006), in Security of Energy Supply
Introduction
G8 leaders discussed the issue of energy security at their first summit meeting in Strelna (July 16 2006) 1. Energy is essential to improving the quality of life and opportunities in developed and developing nations. Therefore, 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. 2. To tackle this overarching goal we have to deal with serious and linked challenges such as: high and volatile oil prices; growing ...