"Ten countries ruled by nasty people control 80 percent of the planet's oil reserves -- about 1 trillion barrels, currently worth about $40 trillion," writes energy expert Peter Huber in City Journal. "If $40 trillion worth of gold were located where most of the oil is, one could only scoff at any suggestion that we might somehow persuade the nasty people to leave the wealth buried. They can lift most of their oil at a cost well under $10 a barrel. They will drill. They will pump. And they will find buyers. Oil is all they've got."The “Dudley Do-Right” of the international community. Heh!
It's not just the nasty countries. Canada, the Dudley Do-Right of the international community, insists on exploiting its vast and dirty oil reserves in the "tar sands" under Alberta. The intro to an article by British eco-scold George Monbiot declared: "Canada's image lies in tatters. It is now to climate what Japan is to whaling." If Canada, which has long been the UN's Richie Cunningham, won't play ball, does anyone think the Chinese, Indians or Brazilians will?
Sunday, December 6, 2009
Copenhagen is All Hot Air?
So sayeth Jonah Goldberg, writing at Real Clear Politics. I liked this bit:
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