[FoRK] Compensation for Oil-Exporting Countries

Simon Wistow simon at thegestalt.org
Wed Oct 14 11:18:59 PDT 2009


"Saudi Arabia is trying to enlist other oil-producing countries to 
support a provocative idea: if wealthy countries reduce their oil 
consumption to combat global warming, they should pay compensation to 
oil producers."

http://www.nytimes.com/2009/10/14/business/energy-environment/14oil.html?pagewanted=print

Ignoring the arguments put forward in the article for the moment - is it 
in the West's best interests to make the Middle East poor again? Will 
that improve or worsen security and the geopolitical situation? (and 
again, ignoring the humanitarian aspect)

Does what Matt Damon's character in Syriana says:

"You want to know what the business world thinks of you? We think 100 
years ago you were living out here in tents in the desert chopping each 
other's heads off and that's exactly where you'll be in another 100"

ring true?




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