Register for E-mail alerts. Comment on articles. Sign up today, it's easy.
Close
The Washington Times Online Edition

G-8 leaders back nuclear power

ST. PETERSBURG (AP) — With high demand and worries about supply driving oil near $80 a barrel, the Group of Eight offered cautious support yesterday for nuclear energy as an alternative.

Although the leaders of the world’s leading industrialized nations endorsed the use of nuclear power, they hinted at a disagreement with Germany, which has opposed renewed interest in the energy source.

In an otherwise upbeat joint statement — which delegates privately suggested was out of synch with reality — the leaders acknowledged differences over the question of nuclear power.

“We recognize that G-8 members pursue different ways to achieve energy security and climate protection goals. … Those of us who have or are considering plans for the use and/or development of safe and secure nuclear energy believe that its development will contribute to global energy security,” the statement said.

G-8 leaders also recommended a two-week extension for a deadline aimed at breaking the impasse over long-stalled global trade negotiations.

“We welcome the decision to ask the [World Trade Organization] director-general to consult members intensively in order to promote early agreement,” their statement said. G-8 leaders called on Pascal Lamy to consult with members to reach an agreement on agriculture and industry tariffs “within a month.”

Russian Energy and Industry Minister Viktor Khristenko said that the inclusion of a section on nuclear power was “a significant event” giving countries the opportunity to work toward developing nuclear energy, “which we plan to do,” he noted.

He said, however, that differences remained. “Yes, it’s true that different countries view the prospects for nuclear energy differently. Some of them continue active internal discussions on whether it is possible or not to develop nuclear energy.”

Energy security was a theme of this year’s G-8 summit, after hurricanes in the Gulf of Mexico drove global oil prices to record highs last year and Europe was caught short of gas after a price fight between Russia and Ukraine disrupted supplies last winter. Since then, Iran’s standoff with the West over its nuclear program and renewed violence in the Middle East have sent oil prices even higher.

The G-8 leaders said they were committed to transparency, competition and increased investment in the energy sector.

“Development of transparent, efficient and competitive global energy markets is the best way to achieve our objectives,” they said.

They identified 11 key issues, among them diversification of supply and demand, energy efficiency and the safeguarding of critical energy infrastructure, including against terror attacks.

Delegates, however, suggested that the statement was out of step with the real situation, not least because of concerns over the openness of Russia’s vast energy markets.

“In terms of language, it’s extremely positive — it’s the reality that’s lacking,” an official of the European Union said on the condition of anonymity.

Diplomatic officials with the French delegation said of the statement: “We wanted it to go much further.”

Story Continues →

View Entire Story
Comments
blog comments powered by Disqus
You Might Also Like
  • ** FILE ** Republican presidential candidate Newt Gingrich speaks during a news conference on Saturday, Feb. 4, 2012, in Las Vegas. (AP Photo/Evan Vucci)

    Questions surface on Gingrich campaign travel payments

    By Luke Rosiak - The Washington Times

  • This artist rendering shows Amine El Khalifi before U.S. District Judge T. Rawles Jones Jr. in federal court in Alexandria, Va., Friday, Feb. 17, 2012. El Khalifi, a 29-year-old Moroccan man was arrested Friday near the U.S. Capitol as he was planning to detonate what he thought was a suicide vest, given to him by FBI undercover operatives, said police and government officials. (AP Photo/Dana Verkouteren)

    Terror suspect arrested near U.S. Capitol

    By Tom Howell Jr. - The Washington Times

  • Supreme Court Justice Ruth Bader Ginsburg (Associated Press)

    Justice says Supreme Court should revisit campaign finance

    By Stephen Dinan - The Washington Times

  • Happening Now

          Independent voices from the TWT Communities

          Media Migraine

          First over-the-counter column approved for fast and effective relief from even your worst media-induced headache.