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chapter 13
Charge It to OPEC
Few things could more quickly arouse the exporters to outrage than the prospect of a tariff in the oil-importing countries, for such a levy would transfer revenues from their [OPEC’s] own treasuries back to the treasuries of the consumers.
—Daniel Yergin, The Prize, 1991
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Importance: An anti-OPEC consumers' cartel is the best approach to energy security. The idea started with Kissinger under Nixon. This is what OPEC fears most.
Main Ideas:
• Kissinger organized the International Energy Agency as a cartel.
• In 1979 the major importing nations signed a second cartel agreement in Tokyo.
• A consumers' cartel tax oil rather than try to restrict quantity directly.
• OPEC actively works against climate agreements because of their cartel nature.
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FAQs and Answers:
Q: W?
A:
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http://stoft.com/p/46.html | 01/06/09 04:08 GMT
Modified: Mon, 05 Jan 2009 02:24:36 GMT
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Look Inside on Amazon
China has nixed caps for 15 years. Kyoto is stuck. Addiction continues. OPEC will soon return.
Environmental & energy-security forces distrust each other.
Carbonomics shows the policies of cooperation, the only path to success.
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