Comment 106235

By Missy2013 (registered) - website | Posted November 15, 2014 at 12:48:51

US & China strike historic deal on carbon cuts in push for global climate change pact ...Wonderful News, no?

http://www.theguardian.com/environment/2014/nov/12/china-and-us-make-carbon-pledge

YET, Mexico's state owned petroleum company, Pemex, (http://en.wikipedia.org/wiki/Pemex) just inked a $10 BILLION credit line with China's state oil company CNOOC, and financial institutions - China Development Bank (CDB) and ICBC ... Um, not so good. Lozoya Austin, CEO of Pemex, "stressed the importance of these agreements for economic growth and job creation in Mexico."

http://www.reuters.com/article/2014/11/1...

So here we have a clear example of how 'nation governments' SAY one thing on 'public record' and for 'the press', but, in fact, do quite another thing with their investments ...

Moral? Stay ever vigilant and PUSH for LOCAL government to be responsive and responsible to LOCAL constituents. Be every leery of global investment bankers (including state-controlled bankers) whose primary goal is 'profit' - not clean air, water, soil and/or good husbandry of humanity and natural resources.

It's all up hill, BUT progress can and will be made ...

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