Sunday, November 8, 2009

IEA Promoting Energy Conservation

IEA, International Energy Agency was formed by the OECD (Organization for Economic Cooperation and Development) in 1974. These countries are members: Australia, Austria, Belgium, Canada, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary Ireland, Italy, Japan, Republic of Korea, Luxembourg, The Netherlands New Zealand, Norway, (participates under a special Agreement), Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom, and the United States. This is an autonomous intergovernmental entity banned together to control and regulate the oil and gas industry. Their main objective: To promote cooperation between member countries in reducing dependence on oil through energy conservation and the development of alternative energy sources.

The IEA awarded University of Texas at Austin, the Global District Energy Climate Award for keeping their CO2 emissions flat, despite their increased demands in energy useage. Maybe some brilliant student(s) at UT of Austin can come up with an alternative plan to the Pickens' Plan.

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