E-N-E-R-G-Y. I hate to sound like the climate change fanatics and say the debate is over but when it comes to natural resources, it is. It rules the geo-political decisions of the world’s leading powers.
China intends to invest in massive projects in Crimea less than a month after the former Ukrainian province was annexed by the Russian Federation.
Vladimir Chizhov, Russia’s ambassador to the European Union, said Russia is partnering with China in two major Crimean projects: the “Power of Siberia” gas pipeline and a 25 meter deep Crimean deep water port. These projects will continue despite the ongoing crisis in the Ukraine, Chizhov said.
Chizhov described the “Power of Siberia” gas pipeline as a mega-project that will pump 60 billion cubic meters of gas annually from the Kovykta and Tchayandinskoe gas fields to Russia’s far east, where a branch line will deliver 38 billion cubic meters a year to China.
And do you want to know why dingy Harry Reid is so ticked off at all the “domestic terrorists” in the Nevada Bundy ranch debacle? The almighty buck.
And in a direct snub of the Americans, China will abandon a planned $5 billion solar power plant in Nevada and invest the money in Crimea, instead.
If you believe the BLM-Bundy standoff had anything to do with the desert tortoise or grazing cattle fees, then you’re completely missing the bigger picture. Reid would gladly sell out the sovereignty of his state’s citizens for some good ole’ greenbacks.
Strange bedfellows is the norm when it comes to the global war for natural resources. China will partner with whomever fits the bill when a deal needs to be made.