
Well it seems that Israel has figured out a way to defang Iran... and to simultaneously free the world from the 'oil dictatorship' of Saudi Arabia, Venezuela, and other oil-producing nations! How you ask? Well, Israel's Infrastructure Minister Uzi Landau has a master plan - "... in October 2009 Israeli PM Netanyahu launched a "national project" at Israel's National Economic Council to find a way to end the world's dependence on fossil fuels ..." So, Israel will develop the green technologies that will end the industrialized nations' dependence on fossil fuels, which will de-fund these regimes...
After a fit of hilarity (that really hurt) this blogger checked the date on the article and googled to find this story elsewhere. He found numerous references, none of them dated April the first! So, apparently this is "real". One wonders what Landau has been drinking....
Maybe it was something in the water, because the very next day another article suggested that a cap on carbon in the U.S. would be a good thing because the reduction in oil consumption would significantly hurt Iran by putting a crimp into its flow of petrodollars. It was accompanied by the graph below...
After a fit of hilarity (that really hurt) this blogger checked the date on the article and googled to find this story elsewhere. He found numerous references, none of them dated April the first! So, apparently this is "real". One wonders what Landau has been drinking....
Maybe it was something in the water, because the very next day another article suggested that a cap on carbon in the U.S. would be a good thing because the reduction in oil consumption would significantly hurt Iran by putting a crimp into its flow of petrodollars. It was accompanied by the graph below...

Using the index numbers from the MIT Assessment of U.S. Cap-and-Trade Proposals, this blogger graphed out the two cases - the baseline "reference case" if nothing is done, and the "167 case." If the assumption is made that Iran's production remains at 4.174 million barrels per day (as in the article), and that the 2010 price starts out at $83 a barrel you get the graph below:



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