12 May, 2014

Massive fossil fuel project it's hoped we might not notice


Man’s search for fossil fuels appears endless and expense, regardless of whether or not that cost is purely fiscal or environmental, is apparently disregarded.

 
Of course the environmental cost is not even a consideration for, it seems, money in the bank will almost immediately assuage any ecological concerns.

Evidence of corporate disregard for both economic and environmental issues are evident with the Ichthys gas project that has been made possible through a US$20 billion debt provided by 41 financial institutions to make it the largest financing ever arranged in international markets.

ABC Environment reports in a story headed: “LNG: the energy projects they’d rather you didn’t notice” that it could be the fossil fuel industry expansion to ever fly under the radar.

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