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View Full Version : Oh no, OPEC needs financial aid


Segnosaur
12th December 2003, 07:36 AM
Ok, I saw this in the news, and was a little stunned.

From: http://www.cnn.com/2003/TECH/science/12/12/climate.kyoto.reut/


OPEC wants aid if world shifts to renewable energies

...
Delegates said that Saudi Arabia, the world's biggest oil exporter, wanted promises of aid if Kyoto spurs a shift to renewable energies like tidal, solar or wind energy at the expense of fossil fuels.


Ok, OPEC is an organization that
- Helps keep energy prices artificially high, thus causing the economies of industrialized countries to suffer

- contains many member countries which make no effort to diversify their own economies, even though they often obtain huge amounts of oil revenue

- contains many member countries which use their oil revenue to support terrorism

And we're supposed to feel sorry for them if they loose their cash-cow oil revenue?

:confused: