September 29, 2008

Bahrain Calls for Creation of Global Energy Organization

Bahrain calls for creation of global energy organization

UNITED NATIONS, Sept. 27 (Xinhua) -- Bahrain's Foreign Minister Khalid Bin Ahmed Bin Mohamed Al-Khalifa on Saturday called for the establishment of a global energy organization.

"Given their universal effects and implications, energy and its various sources are in need of a holistic, global approach," Khalid told the UN General Assembly.

"Yet, they are dealt with in a fragmented, piecemeal manner. This unsatisfactory situation leads us to suggest the establishment of a truly global energy organization," he said.

Citing data from the International Energy Agency, Al-Khalifa said that the world's energy needs could increase by 50 percent by 2030, amid mounting pressure to mitigate the effects of climate change.

The new body would bring a joint international perspective to determining the role and usage of hydrocarbon energy, nuclear power, and new and renewable energy sources, and will introduce innovative solutions to reduce pollution and greenhouse gas emissions, he noted.

"Such a body could provide accurate assessments of global energy demand and supply, and bring under one roof energy date," said the foreign minister. "It will also provide the objective advice that may be required on an optimal energy mix that is both safe and environmentally sound."

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