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Saudis: Now we really want your money Country demands hefty bailout if climate pact calls for oil cutbacks

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Written by RC_Anderson
Category: Blog
Published: 12 October 2009
Hits: 1079
Saudi Arabia is demanding that oil-producing nations receive financial assistance if a new climate pact designed to replace the Kyoto Protocol calls for substantial reductions in the use of oil and natural gas, Jerome Corsi's Red Alert reports.

The country is waging a quiet war against climate alarmists who want to use the upcoming global summit in Copenhagen to impose further restrictions on the use of hydrocarbon fuels. The Saudis estimate they stand to lose $19 billion a year under a new Copenhagen climate pact. ....
 
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