EIN News says, "Energy Giant PetroChina Agrees to Buy $41 Billion Worth of Australian Liquefied Natural Gas. A 50 billion Australian dollar ($41 billion) deal for China to buy Australian natural gas shows current diplomatic tensions between the two countries will not trump their commercial interests, officials said Wednesday. (latimes.com)".
The only reason to buy natural gas is to burn it. This produces large amounts of carbon dioxide.
While we stew about our putting carbon dioxide into the atmosphere (Cap and Trade), others seem to have no hesitation in continuing this on a grand scale.
Do we want to enter the world financial boxing ring with one hand tied behind our back?
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