Saturday, July 15, 2006

No Money For Carbon Credits But Lots for LNG

Here is the irony of the Harpocrites international policies, they denounce Kyoto because Canada would be spending millions on European carbon credits, while promoting Canadian investment in Russian Gas and Oil instead. Hmmmm. And this should make us all more wary of LNG development in Canada.

Canada hopes to turn itself into a key transit point for liquefied natural gas shipped to North America, in part by allowing gas companies to bypass more stringent regulatory requirements along the U.S.'s heavily populated eastern seaboard. At least eight Canadian gas projects are scheduled for construction by the end of this decade.

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