Schroeder is now active supporting the move from oil to renewable energy... I think the EU is going to come out of this on top, and possible as the world dominant power - other countries will end up trading oil in euros, because the euro will have less problems once oil peak arrives:
Quote:
Schroeder warns about oil dependency
3 June 2004
BONN - German chancellor Gerhard Schroeder Thursday called on global governments to step up efforts to harness renewable energies, saying that such a move would make the world less vulnerable to terrorism.
Speaking at International Renewable Energy Conference in Bonn, Schroeder said the world's dependency on oil was playing into the hands of terrorists.
Terror attacks on oil facilities "are directly aimed at striking a vital nerve of humankind", the Chancellor told government representatives from more than 130 countries attending the Bonn conference.
The spate of recent attacks in Saudi Arabia and the continued instability in Iraq made it dramatically clear that the availability of a variety of sources of energy was vital to international security, Schroeder said.
He also noted that current high oil prices illustrated an urgent need to move away from oil and towards renewable resources like the sun, wind, hydropower and bio-energy.
The German leader's remarks came at the opening of a two-day ministerial session at the conference.
The conference, which began 1 June and is to end Friday, will issue an International Action Programme (IAP) for renewable energy projects and initiatives around the world.
Earlier Thursday, British Prime Minister Tony Blair, in a video transmission to the Bonn proceedings, also said building up renewable energy would strengthen world security.
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