Re: Canadian Taxpayer Subsidised Tea Party Successes
By Richard Komorowski
Cornwall Free News
November 16, 2010
Not only is he ill-informed on oil sands production methods, he’s clearly guessing about Canadian royalty and taxation programs. Further he’s conjuring a tenuous connection among U.S.-based Koch, its clearly disclosed political positions and the desire of Canada’s oil industry not to be taxed punitively and capriciously under California’s discriminatory low carbon fuel standard – a policy that asks Canadians to look the other way while higher-carbon Californian oil gets a free pass.
Finally, he suggests Canada should emulate China’s “green energy.” China is rolling wind turbines and solar cells off the assembly lines (should ask where those metals come from by the way) but it’s also building coal-fired power plants to increase capacity by 150 per cent over 25 years – an astounding rate. The GHG footprint of that kind of growth vastly exceeds oil sands, each and every year. Not the kind of record to which Canadians aspire.
Canada’s oil and gas industry employs more than 500,000 Canadians. We paid more than $18 billion in royalties and taxes to provincial and federal governments in 2009. The industry is one of the country’s largest sources of revenue and Canada’s single-largest private investor. Environmentally we are not perfect but we are always getting better.
And our industry has a firm grasp of global energy scenarios. Energy demand is forecast to double by 2050. Double. Given that reality, standing in the way of responsibly developed competitive renewable energy would be just as foolish as standing in the way of responsibly developed competitive Canadian oil and gas.
Canadian Association of Petroleum Producers
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