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Strategies & Market Trends : Drillbits & Bottlerockets

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To: Augustus Gloop who wrote (9520)5/1/2001 12:09:05 AM
From: Original Mad Dog  Read Replies (2) of 15481
 
Interesting points.....I agree the lack of an energy policy has been bipartisan....

The one thing you said that I want to pick up on is this though: If we haven't learned anything else from the past we had better study and learn the end game of toxic disasters in smaller countries willing to whore their land at any cost to score the almighty dollar.

This is one of the big issues in the coming decade IMO....and it is behind both the Kyoto debate and some of the protests in Seattle and Quebec. The days of living by one set of rules in the home country's backyards while making the natives sniff benzene and carcinogenic crap from chemical plants are nearly over. It is too blatant a disregard for the human lives near those places.....and that disregard is rapidly becoming politically incorrect.

When a CEO of a big Western company is asked why pollution released into the neighborhood of a Mexican or Indian or Brazilian plant is acceptable even though the same release would be illegal if it happened in Madison or Houston, what is (s)he supposed to say??? I think Bush is being shortsighted so far in dealing with these issues, and I think it will come back to haunt him if he is not careful.
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