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	<title>Comments on: As they&#160;sow&#8230;</title>
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	<description>Global warming and the future of New Zealand</description>
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		<title>By: Stephen</title>
		<link>http://hot-topic.co.nz/as-they-sow/#comment-1174</link>
		<dc:creator>Stephen</dc:creator>
		<pubDate>Tue, 03 Jun 2008 03:50:00 +0000</pubDate>
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		<description>There&#039;s an article in the May 30 NBR too &quot;Rio Tinto&#039;s argument doesn&#039;t stack up&quot; (not online yet) based on a Citigroup report. Basically says their profitability is high and getting higher (as opposed to Rio&#039;s pleas of being in a precarious financial position).

On moving offshore:

&lt;blockquote&gt; &quot;Such a strategy [would be] short sighted given the rapid progress towards global carbon controls and the long life of smelters &lt;/blockquote&gt;</description>
		<content:encoded><![CDATA[<p>There&#8217;s an article in the May 30 NBR too &#8220;Rio Tinto&#8217;s argument doesn&#8217;t stack up&#8221; (not online yet) based on a Citigroup report. Basically says their profitability is high and getting higher (as opposed to Rio&#8217;s pleas of being in a precarious financial position).</p>
<p>On moving offshore:</p>
<blockquote><p> &#8220;Such a strategy [would be] short sighted given the rapid progress towards global carbon controls and the long life of smelters </p></blockquote>
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