Alarm bells
JAPAN must get its act together on the energy front, says the International Energy Agency (iea). In a news conference organised in Tokyo in mid-June, Robert Priddle, director of the iea warned that unless the Japanese government made serious efforts to ease restrictions on the energy industry -- for better utilisation and diversification of its energy resources -- it will find itself lagging behind in the global race for economic supremacy.
According to Priddle, the prices for petroleum products in Japan are considerably high. He recommended the swift implementation of new, alternative, and friendly energy source-tapping. Else, Japan might be hard put to meet its target of lowering its per capita carbon dioxide emissions to 1990 levels by AD 2000.
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