INTRODUCTION: Parliamentarians from 22 member countries of the Organisation for Economic Co-operation and Development (OECD) have held a two day conference in Paris, discussing the world economy in general and energy resources in particular.
GV INT OECD building in Paris.
GV Energy conference delegates walking into building.
GV Delegates taking seats in conference room.
SV International Energy Agency executives standing behind desk.
SV Japanese delegations seated.
SV United States delegates seated.
SV United Kingdom delegate seated.
SV Italian delegation.
GV Delegates seated.
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Background: INTRODUCTION: Parliamentarians from 22 member countries of the Organisation for Economic Co-operation and Development (OECD) have held a two day conference in Paris, discussing the world economy in general and energy resources in particular. The International Energy Agency (IEA) co-organised the symposium.
SYNOPSIS: The discussions, at the OECD headquarters in Paris, were attended by 130 parliamentarians from western governments, and from Japan. During Friday (10 April) and throughout the following day, the delegates covered four basic topics.
IEA Executive Director, Ulf Lantzke, named the issues as the interaction of the energy supply with government policies, the consequences of changes in international oil markets, the alternatives to oil, and energy's critical role in international relations. Major energy importer, Japan, is particularly sensitive to the issues for its industrial survival. Senato, Bill Bradley of the United States wanted the IEA to adopt a policy allowing market forces to determine oil prices.
And that could be an advantage to the United Kingdom with its North Sea oil reserves. In the end, the IEA agreed to the continuing need for co-operation and conservation, particularly through energy efficiency.