G8 nations to push nuclear energy
TOYAKO, JAPAN - Group of Eight leaders meeting in Japan will push for more nuclear power generation as a way to curb greenhouse gas emissions.
The Yomiuri Shimbun quoted anonymous sources saying the G8 nations will pressure China and India to satisfy a greater percentage of their electricity needs from nuclear power plants as a way to both reduce global warming and help battle the high price of oil.
The additional nuclear capabilities would come with strings attached, however. They would have to be accompanied by guarantees on the non-proliferation of nuclear technology, the safety of the nuclear facilities and regional security, the newspaper said.
Another item on the G8's energy agenda is the elimination of government oil subsidies.
Yomiuri Shimbun said emerging nations such as China, Indonesia and Malaysia frequently subsidize their oil refinery operations, encouraging consumption through artificially low gasoline prices.
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