My letter to the Financial Times, London re: Japan’s foolish mercantilist investment

In your report about Japanese scientists unlocking methane stored in ice, you state that “production costs for methane hydrate-derived gas…is nine times the US LNG benchmark…Japan typically pays about four times the rate…”

This is too high a price to pay for the dubious honor of becoming more energy self-sufficient.  In fact, there is no honor at all in wasting the nation’s capital for the fallacious mercantilist goal of self-sufficiency in anything.  Patrick Barron

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