Treating water like oil, Greenland legislators may impose royalties on bulk water exports or may favor operations that create jobs by bottling water locally.
An attempt to outbid even Labor on education, which the minor party says can be paid for by rejecting income tax cuts and imposing royalties on gas and fossil fuel companies.
Among other things, his bill would impose royalties of 4percentt of net revenues on existing mines and 8percentt on new mines — bringing mining nearly into line with the royalties paid by the oil, gas and coal industries for resources extracted from public lands.
Whilst GM producers patent their discoveries and impose royalties on their products, GMOs are framed as solutions to world hunger and environmental degradation.
The National Mining Association argues that imposing royalty fees on hardrock mining companies using public land could cripple the industry during the ongoing economic recession.
Congress is considering legislation from Senate Energy and Natural Resources Chairman Jeff Bingaman (D-N.M.) that, among other things, would allow the Interior secretary to impose royalty fees on new mining production to help pay for abandoned mine cleanup (E&E Daily, April 4).
But even the simple act of getting paid has entered murky waters as the recording industry, digital media companies and consumer electronics makers battle over potential amendments to the nation's copyright laws, a crazy quilt of regulations that impose royalty rates for recorded music that can vary wildly depending on the medium.
Venezuela quietly began courting Western oil companies again in 2008 after nationalizing some of their assets, imposing higher royalties on them and subjecting their executives to raids by tax authorities.
Rahall's bill, introduced in January, would impose a royalty fee of 4percentt for existing hardrock mines and a higher 8percentt fee for newly permitted mine projects.
Since books and records can be copied freely (as, indeed, they are, online), we impose a royalty on the copyist in order to insure that the originator isn't cheated for his labor.
Ultimately, we don't see what the government has to gain by scuppering the deal at this late juncture, and based on the evidence to date, it is not clear to us how the government could impose a royalty decision in its favour (if this is the driving force behind the delays) if the status quo is maintained.
