Oct 26 07
Oil companies threaten to slow down production if forced to pay more royalties in Stellmach's compromise between them and the revue panel's suggestions. This increase would put add another billion dollars onto our annual surpluses in future years. Meanwhile Alberta oil sands in 2 years will be the largest carbon dioxide producer on this planet. We already know this contributes to the global warming causing ice melting, flooding and drought. Where millions now face starvation, it will be billions of people in a few years. This all puts us Albertans in a unique position of being able to save or at least prolong the life of our planet for future generations by slowing the mad rate of oil production. For this reason and not for greed, we should look into the eyes of our children and grandchildren, then demand the government hike royalties at least 20 per cent as recommended by the review panel. Sincerely larry mackillop
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