A global energy institution

The director of the International Atomic Energy Agency, Mohammed El-Baradei, calls in the daily Financial Times for the establishment of a "global energy organisation, in order to tackle the energy crisis. "The need for coordinated political action on energy and related issues - climate change and poverty, to name but two - has never been more acute. Yet there is no global energy institution in which the countries of the world can agree on joint solutions to the potentially enormous problems we see emerging. ... A global energy organisation would complement, not replace, bodies already active in the energy field. It would bring a vital inter-governmental perspective to bear on issues that cannot be left to market forces alone, such as the development of new energy technology, the role of nuclear power and renewables, and innovative solutions for reducing pollution and greenhouse gas emissions."

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