Thu, Oct 2, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Energy, Trends more

Renewables will shift the global superpowers

Posted on 11 February 2013

The world’s superpowers have traditionally relied on those countries rich in energy. But as the world moves to renewables, who will emerge as the new leading nations? “[O]ur oil addition is not just changing the climate system; it is also changing the international system… First, and most important, through our energy purchases we are helping to strengthen the most intolerant, antimodern, anti-Western, anti-women’s rights, and antipluralistic strain of Islam - the strain propagated by Saudi Arabia.
“Second, our oil addition is helping to finance a reversal of the democratic trends in Russia, Latin American, and elsewhere that were set in motion by the fall of the Berlin Wall and the end of Communism…I call this phenomenon ‘the First Law of Petropolitics’: As the price of oil goes up, the pace of freedom goes down…”……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 37214 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031