A bird's eye view of the vineyard
Alternative Copy of thesaker.is site is available Thu May 25, 2023 14:38 | Ice-Saker-V6bKu3nz
Alternative site: https://thesaker.si/saker-a... Site was created using the downloads provided Regards Herb
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Criminals to Be Released After a Third of Prison Sentence Tue May 13, 2025 21:33 | Will Jones
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It?s Not ?CSE?. It?s Child Rape Tue May 13, 2025 17:30 | Joanna Gray
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The NHS No Longer Recognises the Reality of Biological Sex Tue May 13, 2025 15:35 | Caroline Ffiske
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BBC Presenter Gary Lineker Posts Anti-Israel Video Featuring Rat Emoji ? a Known Antisemitic Slur Tue May 13, 2025 13:22 | Will Jones
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The post BBC Presenter Gary Lineker Posts Anti-Israel Video Featuring Rat Emoji ? a Known Antisemitic Slur appeared first on The Daily Sceptic.
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Wednesday August 01, 2007 11:04
by Greenie
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Jump To Comment: 1 2 3The people of Ireland still won't own any of our natural resources, and the economic model proposed effectively means that licence holders (Shell and the rest) will own our oil and gas, and if they sell it at a profit, they might have to give us some money if they can't figure out a tax dodge.
They already have lots of licences that they got under the old terms, and the likely scenario is that some of the energy companies will now take licences at the new terms and then next year hand them back saying they can't make any profit on them. Setting themselves up nicely for an even bigger bite of our resources.
If Ryan meant business he could have made the terms retro-active beyond Jan 2007, or even better, set up a state company which automatically becomes a partner in any oil and gas exploration of what are, after all, the state's own resources. But he didn't.
Now he has a PR fig leaf to hide behind, and Shell can muddy the waters about the environmental impact of the disasterous precedent they are setting down in Bellanaboy.
25% of nothing is nothing.
40% of nothing is still nothing.
Why no royalties?
Micheál Ó Seighin of the Rossport Five on the new measures announced by Minister Ryan yesterday:
http://www.indymedia.org.uk/en/2007/08/377494.html