Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1064 Wed. May 30, 2007  
   
Business


Apec energy ministers meet in Australia


Apec energy ministers launched a meeting in Darwin Tuesday aimed at finding a balance between the region's booming energy demands and the need to cut carbon emissions and reduce global warming.

The ministers met amid tight security in the northern Australian city a day after police destroyed a suspected pipe bomb found in a park close to the APEC venue. Police did not believe the device was linked to the meeting.

US and Australian delegates downplayed the chances of the meeting agreeing to a regional carbon trading scheme, saying such a one-size-fits-all approach was unsuitable for APEC's 21 nations.

"Different approaches will naturally suit different countries," US Deputy Energy Secretary Clay Sell told reporters.

Australian Industry Minister Ian Macfarlane said more research was needed into clean fuel technologies before regional emissions targets could be introduced.