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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 | 03/12/10 01:24 GMT
Modified: Mon, 05 Jan 2009 02:24:36 GMT
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Amazon
China and India have nixed caps. Without these caps, Kyoto fails. What can be done?
Carbonomics explains "wrecking" the economy, "peak oil," caps, carbon taxes, and Kyoto.
About Carbonomics.
Get discount.
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