The Durk Pearson & Sandy Shaw®
Life Extension NewsTM
Volume 12 No. 2 • April 2009

Climate Change Treaty Negotiations: Oil Exporting Nations Want Bailout

Maybe they should be serving fish at the climate talks. But then again that would probably only result in a heated battle over what fish would be politically correct to eat. In any event, the potential costs of an international agreement on regulation of carbon emissions keep increasing (thank goodness, as this reduces the likelihood that any such agreement may ever happen). On March 29th, the first day of an international preparatory meeting for the December Copenhagan meeting, reports Nature (pg. 815, 16 April 2009), “[o]il-exporting nations, led by Saudi Arabia, are also interested in a transfer of funds, saying they will demand compensation if a climate agreement cuts oil revenue. ‘We share the concern for climate change but at the same time we don’t want to be a victim,’ Mohammad Al Sabban, an adviser to Saudi Arabia’s Ministry for Petroleum and Mineral Resources, told reporters in Bonn.”

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