India signs deal with US, EU, China to search for new source of energy - Instablogs
India signs deal with US, EU, China to search for new source of energy
Pratyush , New Delhi: Nov 22 2006
Made Popular Nov 22 2006
India :

India signs deal with US, EU, China to search for new source of energy


India
, along with more than 30 other countries have come together to sign the deal to establish the world’s most advanced nuclear fusion reactor. The main aim to set this most advance reactor to develop a clean, cheap and abundant energy source as the end of vestige fuels looms.

After a great power struggle before the agreement on the question of hosting the reactor, finally, France beaten Japan and got the status of hosting nation of the 10-billion-euro ($12.8-billion) International Thermonuclear Experimental Reactor (ITER). The reactor will be built at Cadarache, near the southern city of Marseille.

The French President Jacques Chirac hosted the signing ceremony in the presidential Elysee Palace in Paris. The representatives of the European Union, the US, Japan, India, Russia, South Korea and China were present their and they all signed the ITER agreement.

President Chirac said after the signing ceremony in the presence of representatives of 30 signatory countries that

If nothing changes, humanity will have consumed, in 200 years, most of the fossil fuel resources accumulated over hundreds of millions of years, provoking, at the same time, a veritable climate calamity. The ITER project is a victory in the general interest of humanity.

The ITER would work to make fuel from seawater by impersonating the way by which the sun produces energy.

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