Sometimes the self-defeating nature of the global warming campaign goes from comedy to farce. This is definitely one of those occasions.
The steel magnate and Britain’s richest citizen, Lakshmi Mittal, has been the recipient of billions in carbon credits. Much of this came from the shutting down of European steel manufacturing and relocating production in lower wage countries like India.
Now it emerges that Mittal is planning a “mega-mine” within the Arctic circle to supply iron ore to his steel plants around the world:
Britain’s richest man is planning a giant new opencast mine 300 miles inside the Arctic Circle in a bid to extract a potential $23bn (£14bn) worth of iron ore.
The “mega-mine” – which includes a 150km railway line and two new ports – is believed to be the largest mineral extraction project in the Arctic and highlights the huge commercial potential of the far north as global warming makes industrial development in the region easier.
So, in the name of tackling global warming, European taxpayers have paid literally billions whilst losing jobs and tax revenue, production has moved to a lower wage country with an awful lot of the product being shipped back to where it was made, and now the the recipient of this money is strip-mining the Arctic to get at the ore there and there’s nothing climate campaigners in the West can do about it, as the factories are all in India and other countries which have made it quite clear they have no intention of imposing any restrictions on their manufacturing base.
Does this make any sense to anyone? Anyone at all?