14 Nov '11, 7am

Energy crisis looming for Asia-Pacific region

In China, where the economy is growing at a rapid pace, outstripping local supplies of energy resources, leaders said developing alternative sources was particularly critical. The country is at “a crisis point in industrial development,” according to Hen Meiqing, deputy director general at the China Council for Promotion of International Trade. Energy security was a major theme of the APEC conference that brought heads of state from 21 countries, including President Barack Obama, to Hawaii for the week-long conference. The energy forum at the Capitol on Sunday focused on the connection between China and Hawaii, which are both turning aggressively to renewable sources of energy, and the potential to establish mutual business and investment opportunities. Additional speakers included Gov. Neil Abercrombie, House Speaker Calvin Say, Sen. Kalani English, Richard Lim, director ...

Full article: http://www.eco-business.com/news/energy-crisis-looming-fo...

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