March 3, 2006

THE POOR CONFUSED LEFT:

The Reality Of India-US Nuclear Deal (Binu Mathew, 03 March, 2006, Countercurrents.org)

The deal has come through at a time of soaring petroleum prices and also when the threat of peak oil has come to be accepted as a reality by trade pundits. The last decade saw the growing economies of India and China putting pressure on the global supply of fossil fuels consuming ever larger quantities. As the threat of peak oil lurk in the not so distant future it was imperative for the world’s lone super power to shut the rivals out of the competition. It has been the corner stone of American foreign policy of the recent past, invading Iraq and Afghanistan, pampering the house of Saud’s , threatening Iran and Venezuela, playing murky games in Darfur.

The nuclear deal with India is not a benevolent gift from the emperor to a client state. It was a clever move to put India out of the competition for fossil fuels which is getting ever scarcer. Bush spelt it out very cleverly in New Delhi - "It's in our economic interests that India have a civilian nuclear power industry to help take the pressure off the global demand for energy.To the extent that we can reduce demand for fossil fuels, it will help the American consumer."


In other words, George W. Bush just did more for the environment than Kyoto ever will, yet its supporters are reduced to reflexively hating him anyway.

Posted by Orrin Judd at March 3, 2006 7:05 AM
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