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Stratos Renewables Corp. (SRNW.OB) is Positioned Well as the World Demands Renewable Energy

This week, representatives of more than 100 countries met to discuss energy alternatives at the three-day Washington International Renewable Energy Conference (WIREC 2008), which ended with a pledge to promote renewable energy.

President George W. Bush addressed the audience of nearly 6,000 on Wednesday, explaining the Unites States’ plan to reduce oil dependency in America. “America has got to change its habits. We’ve got to get off oil. Dependency on oil presents a real challenge to our economy,” President Bush stated.

He noted that in 1985 only 20% of America’s oil supply came from overseas. Today that number nears 60%, challenging the national security of the U.S.

The meeting resulted in the inception of the Washington International Action Program (WIAP). At the conference’s end on Thursday, more than 100 pledges were established to increase renewable energy use. WIREC 2008 will continue to accept pledges from organizations of every caliber for the WIAP until April 4, 2008. Renewable Energy Policy Network for the 21st Century (REN 21) will be monitoring pledge implementation and will provide period reports.

As more people, organizations, firms, companies and countries become entwined with the search for alternative energy sources, companies such as Stratos Renewables Corp. (OTCBB: SRNW) may find their developments at the center of attention. With operations in Peru, Stratos engages in the production, processing and distribution of sugarcane ethanol. Sugar-based ethanol is growing in popularity as a leading clean burning energy alternative, fueled by its heavy supply and low-cost conversion methods.

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