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February 1, 2011 12:28 pm

Israel Approves Multi-Million Energy Reform Plan

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AHN – In an attempt to cut global dependency on oil over the next decade, Israel has approved a $408 million inter-ministerial plan to develop technologies, which can prevent economic instability and environment as well.

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A statement from the Prime Minister’s Office said that the government would also work to raise funds from external sources. The statement added that the comprehensive plan would bring together ministries of Defense, Finance, Industry, Trade and Labor, Science and Technology, Environmental Protection, Transportation and Road Safety, National Infrastructures, Agriculture and Rural Development, under one roof.

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