DRAFT RESOLUTION ON ENERGY ISSUES Submitted by the Philippines
Submitted by the Philippines
The Asia Pacific Parliamentary Forum Sixth Annual Meeting,
Recognizing that energy and electric power consumption are essential inputs in all economic activities;
Noting that approximately sixty-five percent (65%) of our energy resources is petroleum based, almost all of which comes from foreign sources, thereby expending tremendous amounts of foreign currency for it;
Concerned over the price of oil which has been raised to astronomical levels and threatens to turn into a disturbing social, economic and political upheaval;
Convinced that a country cannot rely on an energy program fuelled by oil, but must embark on and pursue bold alternative energy strategies;
Realizing that the policy of Asian Nations on energy conservation can never be the permanent solution to the energy problem;
- Encourage APPF member countries to give priority to energy development program.
- Call upon APPF governments to support and expand indigenous energy production.
- Urge APPF governments to adopt a policy on the search for indigenous alternative energy sources which could lead to energy self-sufficiency.