Dec 23 2009
George Soros: The Only Green Is Money
Investors Business Daily has a fascinating article today, in which it reports that billionaire and far-Lefty George Soros appears to be supporting an effort to ensure that America can’t develop its own natural gas resources — a threat to America’s defense and environment.
The reason? Money:
Soros owns a major stake in a company called InterOil, a company that has discovered a large natural gas field in Papua, New Guinea, with which American shale resources would compete.
Soros would rather have us import his liquefied natural gas than develop our own. His allies in the media, the environmental movement and the Democratic caucus are all too eager to exploit public fears to do it.
If anyone cares to look at the projections for natural gas use by China and India you will soon realize that as large as IOC’s find is in PNG that gas won’t get anywhere near American shores.
The writer of this piece of nonsense simply joins the legions looking for any excuse to bash Democrats, liberals and the (alleged) liberal media. I didn’t see this guy bashing Exxon for their investment in PNG. As I said, nonsense.