Sunday, March 11, 2007

Bush's Boy Yet Again

So back to those goofy CFRA ads using little laptop images of Harper and touting his biofuels initiatives. The ads are sponsored by mostly US companies and hit the air just as Bush was moving on his ethanol initiative in Latin America which unfolded this week in Brazil in what the media are describing as an OPEC-like ethanol cartel.

At the same time a $400 million biofuel (including ethanol) refinery was recently announced in Alberta, to be open by mid-2008. The companies backing it are Dominion Energy Services and the Carlyle Group/Riverstone Holdings. As everyone knows, the Carlyle Group is based in Washington and is intertwined with the US government.

In January Harper announced $1.48 billion (over 10 years) to boost Canada’s supply of clean electricity from renewable sources such as biomass (including ethanol). I wonder if the $600 million to farmers just announced will require them to produce certain ethanol producing crops?

Under Klein Alberta became part of the US oil empire, now it's being positioned by Bush and Harper to be subsumed in a possible US ethanol empire.

2 Comments:

Anonymous Anonymous said...

Excellent post Sus'n,
keep an eye to the fact that Alberta ethanol will likely be produced from grains rather than grasses, the latter having proven to be the best source to insure lowering of g-gasses while ethanol from grains will produce MORE G-gass than it eliminates.
Any wonder we've got all them swell Conservative farmers lobbying the hell out of the situation?

7:54 PM  
Anonymous Anonymous said...

Well, well - daddy (George Bush Sr.) is on the board of Carlyle - interesting.

7:21 AM  

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