Nothing makes that clearer than the fact that the Province of B.C. currently owes fracking companies $3.1 billion in unused royalty credits, thanks to a massive fossil fuel subsidy called the Deep Well Royalty Credit.
Fortunately, the recently launched Royalty Review is an opportunity to start reining in those fossil fuel subsidies, and to make sure that our new royalty system is actually in line with the province’s goals on climate and reconciliation with Indigenous People.
Feel free to use the sample comment we’ve provided, but your submission will have far greater impact if you also add in your own words.
We’ve included a sample letter below that covers some key criteria for the submission, but your message will be more imapctful if you also add in your own words. Introduce yourself, and highlight why you personally think it’s important to end fossil fuel subsidies in B.C. by reforming the Royalty System. How would you like your tax dollars better spent?
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Stand is an advocacy organization that brings people together to demand that corporations and governments put people and the environment first.