Press Release: Germany: Schröder: Sustainable energy policy as a global response to high oil prices

The current trend being shown by oil prices shows how urgent it is to undertake a global reorientation of energy policy towards renewables. This was noted by Chancellor Gerhard Schröder in a speech given at the International Conference for Renewable Energies in Bonn. The conference was intended to send a clear message regarding the urgent need to increase the use of energy derived from the world's solar, wind, and water resources. The aim is to reduce current levels of dependency on oil for energy supplies