Comments on: Israel’s Leviathan Gas Find Will Have Widespread Repercussions for World Power

By: Robert Palgrave

Robert Palgrave — Sat, 08 Jan 2011 08:29:54 +0000

and the effect on carbon emissions of burning all this gas?

and the next step when it is all consumed?

the sidebar links to an article on James Lovelock and his view that humanity is infecting Gaia. Confirmed by the tenor of this article maybe?

By: Karin Kloosterman

Karin Kloosterman — Wed, 05 Jan 2011 10:20:07 +0000

In reply to Benny. Benny - can you explain what you mean?

By: Benny

Benny — Tue, 04 Jan 2011 07:23:05 +0000

Welcome to the Middle East – especially Israel’s version of it.

By: Karin Kloosterman

Karin Kloosterman — Sun, 02 Jan 2011 16:07:16 +0000

After a company has invested its own millions speculating for gas, based on a current law, and then finds it changed after the fact and success, is indeed retroactive taxing. It’s like a company given an office in an industrial zone tax free because no one wants to be there, sets up shop, starts business (which becomes booming) and the local authorities then change the taxing scheme. It’s dirty.

By: Victor

Victor — Sat, 01 Jan 2011 15:43:53 +0000

One may challenge wisdom or legality of Israel decision to change tax law but Mr Clinton should learn a logic “Your country can’t just tax a US business retroactively because they feel like it” – Retroactive taxing would be taxing of profits of 2009 or 2010. Taxing profits obtained in 2013 is by no means “retroactive taxing”.

By: rusty

rusty — Sat, 01 Jan 2011 14:37:12 +0000

Mr. Agassi’s name is misspelled . It’s “Shai”, not “Shah”.