Thursday, 22 May 2014

Reuters praises Putin's disastrous China deal

Reuters is doing a great job as Vladimir Putin's PR agency:

China and Russia signed a $400-billion gas supply deal on Wednesday, securing the world's top energy user a major source of cleaner fuel and opening up a new market for Moscow as it risks losing European customers over the Ukraine crisis.
The long-awaited agreement is a political triumph for Russian President Vladimir Putin, who is courting partners in Asia as those in Europe and the United States seek to isolate him over Moscow's annexation of Ukraine's Crimea peninsula.

The China deal is in reality a result of Chinese extortion in a situation where the Russian dictator was forced to make a deal which in the end will be highly unprofitable for the Russians. Gazprom - the pipe laying company - will have to invest a huge amount of money in new pipelines, which most likely never will be profitable. And the Chinese will be able to demand even lower prices, whenever the situation in the world gas markets change.

This deal is far from the "triumph" described by Reuters. It is a political deal, which in the end will lead to an even more weakened Russia.

Tuesday, 20 May 2014

Garri Kasparov's message to Europe

This is Garry Kasporov's message to Guy Verhofstadt and other present and future European leaders:

Unfortunately neither Verhofstadt nor any other European leader has the guts to seriously confront the mafia state dictator. And with Obama - one of the weakest US presidents ever - in charge on the other side of the Atlantic, the field is open for the thug in the east.

Sunday, 18 May 2014

Maybe the models were not so wrong after all? : First Australian climate refugees soon on their way to the US and Europe?

Finally, sanity prevails in Australia:

The budgetary facts are inescapably grim for researchers and scientists based in renewable energies and research. The funding for all government programs related to climate change is set to shrink at an alarming rate, going from $5.75 billion this year to a scant $500 million in the next four years. Additionally, the Emissions Reduction Fund which is meant to help lower greenhouse gas emissions in Australia is going to be reduced to only $1.14 billion. This was devastating news after Environment Minister Greg Hunt had gone on record promising to provide $2.55 billion to fund the program. Nevertheless, it is not only climate change programs that are feeling the pinch of the Abbott budget. The Commonwealth Science and Industrial Research Organization (CSIRO), Australia’s national science agency, will have $111 million worth of funding slashed over the next four years, which will affect an uncertain number of programs and a loss of tenth of the CSIRO workforce.

The outlook is bleak from the standpoint of scientists and researchers in Australia, many of whom will probably leave the country in order to find work elsewhere.

Europe and the US, watch out, the first Australian climate refugees are coming! Maybe the alarmists' predictions about huge climate change migration were not so wrong, after all!

Most of the jobless Aussie surplus scientists will probably end up in the US, where the Obama administration no doubt will receive them with open arms ...