An action doesn't have to be wrong just because it is not logical. It doesn't have to be right just because it has its logic.
They were the largest semiconductor maker in the world up until about 1980. I'm not sure that that can be re-gained again, but their progress in the last few years has been very impressive.
Recently though, our State Governments have discussed instigating a carbon trading scheme - the details are still to be decided - and that's an encouraging sign.

