Showing posts with label gas. Show all posts
Showing posts with label gas. Show all posts

Tuesday, September 25, 2007

The monks march up, the monks march down, the monks march around and around...

David Seaton's News Links
The monks march up, the monks march down, the monks march around and around... What does it all mean?

Condoleezza Rice is scandalized by the lack of democracy in Burma, Bush is pushing for sanctions. That alone should put us on our guard.


As we saw in pre-war Iraq, international sanctions only hurt the ordinary people of the country sanctioned, the leaders of such countries are hardly inconvenienced at all. I agree with this reading of the Burmese situation from the German business daily Handelsblatt:
"The sanctions, demanded by human rights activists and increased gradually over the last two decades by the West, have proven themselves to be largely useless. They merely crippled the economy and hurt ordinary people. For those in power, the sanctions have been like water off a duck's back; they continue to flog Burma's oil, gas, gemstones and rain forests off on China. Beijing expresses its gratitude with weapons and with vetoes against threatening UN resolutions. Out of fear that its neighbor will turn into a Chinese protectorate, India has also been courting the junta instead of supporting the opposition as it used to do. Thailand and Russia are likewise eagerly trading with the pariah state."

"It is naïve to hope that all countries might join in an effective embargo. But especially now that internal opposition is raising its head, the world should take the opposite tack and integrate the isolated country into world trade and into the processes of globalization. Western countries wouldn't just be able to help minimize poverty. They would also provide a better example than the Chinese when it comes to fair treatment of workers and the environmentally sustainable exploitation of resources. But Western democracies score more points on the home front with permeable embargoes than with politically motivated trade agreements. But trade has, on the long term, more promise of success -- and will cause less damage to the innocent. For the moment, in any case, Burma is so poor and so isolated from the global economy that its dictators have little to lose from sanctions."
Some think that with the Beijing Olympics just around the corner the Chinese will discourage a brutal response from the Burmese regime. I think that the exact opposite could very well be true. A great part of recent Chinese geopolitical success is due to their willingness to trade with countries the United States and the European Union sanction for their human rights abuses, such as Iran, Sudan and Zimbabwe. Supporting the Burmese junta through thick and thin would send a message to commodity-rich authoritarians that they can always count on China in a pinch and since unfortunately many of the countries of the world most endowed with natural resources are cursed with nasty regimes this could be an immensely profitable stance. DS

Tuesday, November 14, 2006

Gasputin? Nato fears Russian plans for ‘gas Opec’ - Financial Times

David Seaton's News Links
Gasputin? All the multicolored "Springs" have led to this. Hardly a day goes by without some editorialist somewhere wagging his finger at Putin, but all the scolding in the world isn't going to change the facts... It will take a great deal of global warming before the European winters stop being cold. Algeria seems to see the "synergies" too. The good news? Thanks to the Chinese the price of eiderdown quilts is coming down. DS

Abstract:
Nato advisers have warned the military alliance that it needs to guard against any attempt by Russia to set up an “Opec for gas” that would strengthen Moscow’s leverage over Europe. A confidential study by Nato economics experts, sent to the ambassadors of its 26 member states last week, warned that Russia may be seeking to build a gas cartel including Algeria, Qatar, Libya, the countries of Central Asia and perhaps Iran. The study, by Nato’s economics committee, said Russia was seeking to use energy policy to pursue political ends, particularly in dealings with neighbours such as Georgia and Ukraine. On Monday night, Dmitry Peskov, deputy Kremlin spokesman, insisted there was “no substance at all” to the suggestion that Russia was seeking a gas cartel. “I think the authors of such an idea simply fail to understand our thesis about energy security,” he said. “Our main thesis is interdependence of producers and consumers. Only a madman could think that Russia would start to blackmail Europe using gas, because we depend to the same extent on European customers.” Although there is disagreement over whether Russia could create any such cartel, the report highlights the deepening tensions between Western Europe and Moscow over energy security.(...) yesterday, EU foreign ministers failed to agree a line on Russian energy, with Poland continuing to seek a tougher stance in future talks with Moscow. Last month, before an EU summit with Russia, Javier Solana, EU foreign policy chief, highlighted a Russian deal with Algeria, which he said stopped Algeria selling majority stakes in gas projects to foreign investors. “We are witnessing some form of mutual agreement as Russia and Algeria restrain investment,” said one industry analyst. READ ALL