Saturday, October 13, 2007

Formosa spending again

The Formosa Plastics Group proposed investing NT$706.8 billion (US$21.7 billion) in Taiwan over the next five years, yesterday. See today's Taipei Times for the story. Given the state of Taiwan's natural environment is this investment at all? What are the long term costs to Taiwan's environment and all who live here? It would seem that for now the glitter of gold blinds us to the growing typhoon on the horizon.

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