Quote:
Originally Posted by Muta
Fair enough, but back to the question, do you actually believe that more drilling will have a positive environmental impact in general?
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No. I don't think I have said that anywhere; that it would be a "positive" impact.
You bring up a good point though and that is the distinction between current drilling and new drilling. The reduction in royalties is only on "new" projects. So really they are encouraging the abandonment of existing wells and the creation of more wells. Potentially secondary ones on the same sites.
From an environmental stand point, they would have been better off relaxing them on existing ones.
