Financial Times FT.com

G8 search for consensus on energy security

By FT reporters

Published: March 16 2006 02:00 | Last updated: March 16 2006 13:34

Fossil fuels will remain the most important means of meeting growing world energy demand over the next half century, Russia said after hosting a meeting of the Group of Eight industrialised nations on Thursday.

A statement by Russia, current hold of the G8 presidency, said “safe and secure” nuclear power represented a crucial alternative for those countries that choose to use it. It also called for finding market-based solutions to slow energy demand growth and to expand global production.

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