I had a conversation yesterday with a very smart guy, who asked "What's the difference between Opec and a drug cartel". His answer was OPEC's richer; but his point was we go after the drug dealers.
I thought of that when this crossed the wire.
From Agence France-Presse:
OPEC leaders are set to make carbon capture and storage the centerpiece of their new-found green agenda by urging greater use of the emerging technique to curb carbon emissions, Algeria's energy minister said Friday.
Chakib Khelil, reading from a draft declaration expected to be approved at the end of an OPEC summit, said point three would be "energy and environment: carbon storage could reduce the impact of fossil fuels on climate change and developed countries have the technology on this."
Earlier a summit source told AFP that the declaration to be issued on Sunday would include a "big announcement on environment."...MORE