Oil Change International

Exposing the true costs of fossil fuels

Asian States Sign Key Energy Deal

Leaders at an East Asian summit have signed an agreement to promote energy security and find alternatives to conventional fuels. The agreement was signed by 10 South East Asian nations, China, Japan, New Zealand, India, S Korea and Australia.

The Cebu Declaration on East Asian Energy Security lists a series of goals aimed at providing “reliable, adequate and affordable” energy supplies to a huge region from Australia to India.

The document does not set any targets for capping greenhouse emissions, but will call for extra investment in eco-friendly fuels. However this investment had better be quick.
Greenhouse gas emissions from Asian nations are forecast to grow rapidly in the coming years, with one estimate saying they could treble by 2025.

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