Talk of China's green revolution belies its voracious energy grab

by Babel-Fish | September 4, 2009 at 04:09 pm
32 views | 4 Recommendations | 1 comment

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All the talk is about China’s green revolution at the moment, but everywhere I turn it seems to be gobbling up another multi-billion pound gas contract or oil company.

Officials may be making all the environmentally-correct noises ahead of the G20 summit later this month, but out of an estimated $46.5bn (£28bn) spent on international oil and gas acquisitions in the first four months of this year, China accounted for $45bn.


Seemingly USA global chess moves concerning oil have been wasted. China is now taking over oil and gas supply to the world.

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Barry Artiste

China will poison itself into prosperity

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Roy C
First Flagged at 7:05 PM, Sep 4, 2009 by Roy C
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