Mr. Speaker, in the November 26, 2002 New York Times there is an article about the oil and gas sector and Kyoto. It is interesting. Quoting an energy analyst of the Bank of America it says that ratification of the treaty “does not seem to be a big deal at all”. He went on to say the profitability of some oil sands projects is currently threatened by cost overruns and by a predicted North American surplus of the type of oil they produce. “These companies could be using Kyoto as an--
In the House of Commons on December 2nd, 2002. See this statement in context.