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Tuesday, July 19, 2011

INDO-US TALKS: US not keen on Kyoto Protocol: Dy. Energy Secy.!

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Danile B. Poneman, US deputy secretary of energy, reiterated once again that the US was not keen to sign the Kyoto Protocol to combat climate change and global warming. “We need to find some alternative mechanism to move forward,” he emphasised in the follow-up of a talk he gave at the Teri University. His remarks are significant given that the Kyoto Protocol is soon coming to an end in 2012 and no agreement has yet been arrived at what the new roadmap will be.
During the course of his talk which attempted to lay a roadmap for energy sharing mechanisms that could be developed between the US and India, Mr Poneman briefly outlined America’s keenness to restart its domestic nuclear industry with new generation power plants that can generate electricity without increasing carbon emissions.
It is to carry out this objective that US has given $8 billion in loans for the first nuclear power plant being set up in the US after 30 years, he added. Mr Poneman did not spell out details of the plant which is coming up in an existing nuclear facility in Burke, Georgia.

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