(2006-11-24) Newlands Dubai Tourism

Hamish Newlands on Dubai's attempts at building for future Tourism. However, this strikes me as being the least sustainable building project in human history, and certainly one that makes your average Florida real-estate deal look like a steal... Cheap Oil energy is coming to an end, which is precisely why the Emir wants to build this interesting folly. But does it not occur to anyone that the death of cheap oil means the death of cheap travel, which is what would make this kind of thing possible?.. Finally, and this is the tin foil hat clincher for the whole thing, the whole area is in the terribly well-managed and stable Gulf region, where Iraq and Iran are squaring up to be very problematical.