World Future Energy Summit 2010 ends in Abu Dhabi

World Future Energy Summit 2010 ends in Abu DhabiThe Icelandic President Olafur Ragnar Grimsson, who was in Abu Dhabi to participate at the World Future Energy Summit, has said that he was leaving the city with commitment to turn inspiration into implementation.

Expressing satisfaction over the results of first summit, the Icelandic President expressed, "The time for lengthy debates and dialogue is over. Now it is action that must bring us together, and that is the mission of Masdar, the World Future Energy Summit and Abu Dhabi."

Mr. Grimsson said that green energy era brings a lot of opportunities for the developing world due to huge potential of geo-thermal and solar energy. The nations with abundance of renewable energy sources would have strategic advantage after the implementation of carbon tax.

Terming environmental crisis as a one of the biggest challenge of the century, H. S. H Prince Albert Louis Pierre, Sovereign Prince of Monaco, said at the closing ceremony of summit, "We cannot go on with 20 percent of the world's population using 80 percent of the world's resources."

Meanwhile, the World Future Energy Summit 2010 came to an end amid the esteemed presence of HH General Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and other dignitaries with the hopes that the fourth edition of the World Future Energy Summit 2011 will witness huge progress for making optimum use of renewable energy.