Saudis Seek Payments for Any Drop in Oil Revenues

Saudi Arabia is trying to enlist other oil-producing countries to support a provocative idea: if wealthy countries reduce their oil consumption to combat global warming, they should pay compensation to oil producers.

The oil-rich kingdom has pushed this position for years in earlier climate-treaty negotiations. The kingdom is once again gearing up to take a hard line on the issue at international negotiations scheduled for Copenhagen in December.

“It is like the tobacco industry asking for compensation for lost revenues as a part of a settlement to address the health risks of smoking,” said Jake Schmidt, the international climate policy director at the Natural Resources Defense Council.

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So they want us to pay them $$$$$ if we buy their oil, or pay them $$$$$ if we DON’T buy their oil, to make up for their lost revenue? What a racket!

Now I understand why they wear their bed linens as clothes…modesty demands they cover their BIG BRASS BALLS!

Comment Number: 3904 . Left by thecerebralgarage on November 27th, 2009 - 12:23 pm :

They’ve read about Climategate as well…They know what’s up and what it’s going to cost them. I’d personally like to see them fly one of those tanker planes over Copenhagen and dump oil all over the place.