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Well, for starters, we have to do more to create demand for new technologies that can reduce our dependence on foreign oil and environmental degradation.

Oil is a very valuable resource for life - electric heaters. We must have to transition ourselves to a post-oil era. And that's what we must discuss: searching and developing new sources of energy. And that requires scientific research. That requires investment. And the developed countries must be the ones to assume this responsibility first.

Many of them are doing it because they are concerned about smart growth.

There's a rising tide of environmental awareness and activism among consumers that's going to continue to swell in the 21st century. Smart companies will get ahead of that wave and ride it to success and prosperity. Those that don't are headed for a wipeout.

With the areas which have no oil, the idea is to create industry and jobs.

In energy, you have to plan and do research way in advance, sometimes decades in advance to get a new system that's safer, doesn't require us to go around the world to get all our oil.

We've gone from thinking the fuels that powered our growth were inexpensive, inexhaustible and benign to understanding they are exhaustible, expensive and toxic. Once you frame the problem that way, people will look at solutions differently.

People say they are inventing electric cars. Well, where is the electricity coming from? Flowers? Maybe someday. But what is available now is oil and gas.

The growth that we want is one that brings real benefits to the people, raises quality and efficiency of development, and contributes to energy conservation and environmental protection.