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Energy Needs and Environmental Demand - Seen from a Banker's Perspective

机译:能源需求与环境需求 - 从银行家的角度看

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This presentation was given by the president of the Deutschen Bundesbank, who is also Chairman of the Board of Trustees of the German Federal Environmental Foundation. He said that the current low oil price had contributed to slow down the worldwide rise in prices at the various levels. The development in Japan is very important for Asia as a whole. Early stabilization of the economic and financial situation in Russia is very important for the world economy. The situation may be difficult in Southeast Asia and in the former Soviet states. But in other areas the world economy is doing well. The crisis countries must put their financial sectors in order, which involves financial restructuring and the creation of viable supervision systems and market economy conditions. Climate and environmental considerations must be borne in mind in the future progress of national and international energy policy. In the long run, more energy must come from renewable energy sources and the total energy consumption must go down. Many petroleum groups and energy suppliers are already investing substantial sums in solar energy. The German Government is sponsoring renewable energy sources by a number of programmes. Energy conservation is the simplest and cheapest way of protecting the climate and conserving resources. The idea that all energy should be renewable is a pipe dream of the future

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