Page added on August 20, 2006
With Asean economies including oil producers grappling with skyrocketing oil prices, the grouping must adopt a plan of action to produce alternative fuels such as bio-fuel.
Obviously concerned with the current state of affairs where volatile oil prices bring instability to markets, Cambodia Minister of Commerce, Cham Prasidh, said that Asean should promote solar and wind energy.
“We should also use hydro-power instead of building plants to process oil,” he told Bernama upon arrival at the KL International Airport Saturday for the 38th Asean Economic Ministers (AEM) Meeting.
Bernama
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