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Unlike our own Congressional Dims, Brazilian politicians are not stupid and self-destructive (to their national interest).
All quotes below are from this Wall Street Journal entry (click the link and watch the video).
When Brazil discovered “billions of barrels of oil sit in difficult water beneath a swath of the Santos Basin, 180 miles offshore from Rio de Janeiro and Sao Paulo”, its legislature did not announce that, “for fear of oil spills hitting Rio's beaches or altering the climate, it would forgo exploiting these fields”.
Maybe, unlike our own Congressional Dims, Brazilian legislators understand that Man Made Global Warming is nothing to be even remotely concerned about and that mother nature contributes vastly more petroleum to the world’s oceans than offshore drilling does.
What is certain is that Brazilian legislators are far more pragmatic than our Congressional Dims (who are bouncing on the puppet strings of a pack of ill-informed Environmental Extremists).
Pragmatism dictates that “It’s about admitting the need to strike a balance between the energy and security realities of the here-and-now and the potentialities of the future.”:
“The Democrats' climate-change bill collapsed last week under the weight of brutal cost realities. It was a wake-up call. This is the year Americans joined the real world of energy costs. Now someone needs to explain to them why we – and we alone – are sitting on an ocean of energy but won't drill for it.”
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