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All Canadians! "Kyoto accord" implications....
As a Rig worker, I'm feeling the pinch right now. About 1/10th of the rigs that should be working right now are not because the oil companies are scared of the implications. This is not the official word, but rumor in the patch. This means roughly 5500-6000 rig workers are out of work for the short term. And don't forget the service companies that depend on the rigs operating. That's a lot of tax dollars not going into the coffers just from the salaries. All this while oil and gas are a at very high price.
All this scares the hell out of me. We have recently seen what the market has done with the tech stocks and the Kyoto Accord will give the energy sector a similar hit, I feel. They may have good intentions, and I'm all for a cleaner environment, but this agreement would be a step backwards for our entire system.
We are already building better vehicles with lower emissions and even more efficient ones are on the drawing board. Industry is working hard to lower their pollutants. Relatively speaking, North America, while still not perfect, has come a long way in the past 20 years. I just don't want to have to pay for overpolluters in other parts of the world.
just my 5 cents (2 cents $US)
[addsig]
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