G8 Countries Moves for Energy Alternative

The increasing price of oil strikes not only in the Philippines but to the neighboring countries and the world as well. This phenomenon prompted the G8 countries which comprises of the United States, Russia, Japan, Germany, France, Italy, Canada and Britain to meet and talked on diversifying their energy sources to stabilize energy production and consumption, control the rising demand for the energy and lessen the emission of greenhouse gases causing global warming. They will "launch 20 demonstration projects by 2010 on so-called carbon capture and storage, which would allow power plants to catch emissions and inject them into underground storage spaces." (gmanews.tv) These projects will be using, without exploiting, earths available alternative energy sources without polluting the environment.