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oil veto vs alt energy

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  • prometeus57
    From The Empire Is Not Invincible at (http://www.z mag.org/content/showarticle.cfm?SectionID=41&ItemID=3257) Isolation via Oil Dependence Many analysts believe
    Message 1 of 1 , Mar 22, 2003
      From The Empire Is Not Invincible at (http://www.z
      mag.org/content/showarticle.cfm?SectionID=41&ItemID=3257)

      Isolation via Oil Dependence

      Many analysts believe that the whole Iraq war is motivated by a
      desire by US elites to have an `oil veto'. If the US has
      direct control over Iraq in addition to its indirect control over
      Saudi Arabia, Kuwait, and most of the other large oil reserves of the
      world, it will be able to deny developing countries like China,
      Russia, or India, or rival economies like Europe and Japan access to
      oil. By having control over the world's oil reserves, it can
      therefore exercise an `oil veto' over the ability of any
      country to develop its economy and compete with the US economy.

      The weakness of the `oil veto' is that the world needs to
      switch from being a global oil economy to a renewable energy economy
      for ecological reasons in any case. The United States is already far
      behind Europe and Japan in this regard. Europe and Japan have far
      more extensive public transportation infrastructure than car- and
      highway-filled North America. They also have developed alternative
      energy systems and conservation technologies far beyond what North
      America has. Finally, they have ratified the Kyoto Protocol, like
      most of the world, while the US has not. If the world switches over
      to renewable energy, the US will find itself with an oil veto that it
      is unable to exercise over anyone but itself.
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