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Friday, January 29th, 2016  |  USD: Buy 531.29 / Sell 543.92
20 years

While pledging carbon neutrality by 2021, Costa Rica still wants its billion-dollar oil refinery: can it have both?

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This is a guest post by Diego Arguedas Ortiz. Costa Rica’s plan to build a $1.5 billion oil refinery, a joint venture with China’s state-owned petroleum company China National Petroleum Corporation, continues to cast doubt on the country’s path toward a low-carbon future and the feasibility of its self-imposed goal of being carbon neutral by 2021.…

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  • richard schlinder

    $50 million,$900 million,$1.5 billion,they spread these figures out like they are playing cards.If someone offered you a billion dollars,it would be hard to refuse,especially if you get a piece of the action.This is nuts.
    How much return could we get if we invest a billion dollars in more solar and wind??Also less carbon emissions.

  • prdatki

    The carbon neutral lie is so dumb caused by Al gore and his fools, who want to make a lot of money convincing the un read and educated to use solar , wind etc. Of coures CR needs a refinery. You would have to be a Kennedy or other form of idiot not to believe it.

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