Cost to produce one barrel of oil - $20-$30
Selling price - $60
Gord Lambert, VP of sustainable development at Suncor, one of the oil sands' biggest producers, said that new technology is the key to curbing emissions, but government funding would be needed for implementation.
Suncor profit in 2006 - $3 billion
Cost of complying with Kyoto - $1 per $60 barrel
Yet Suncor expects taxpayers to foot the bill.
Suncor also wants direct access to Kyoto to purchase GHG emission reductions on its own behalf.
Because big government is bad, very bad, for its interference in the marketplace, unless you can finangle a taxpayer-funded handout out of them.