Conventional Oil & Gas

CALGARY – JODI MCNEILL, analyst at the Pembina Institute, made the following statement in response to the Supreme Court's Decision on the Redwater legal case:

"The Supreme Court of Canada has prioritized paying clean up costs before creditors when extractive companies go bankrupt. This outcome reinforces the growing understanding that polluters are responsible for their clean up obligations. Read More

CALGARY – The Supreme Court of Canada ruled today that cleaning up abandoned oil and gas wells must come before the interests of creditors after a company has gone bankrupt. Ecojustice lawyer Barry Robinson issued the following statement in response:

“The Supreme Court of Canada has ruled that bankruptcy trustees must put the environment first. This is a win for the environment and good news for landowners and Albertans. Read More

Katowice, Poland—A new report released today at COP 24 shows oil and gas emissions in Canada are rising and that oil and gas companies in Canada are systematically weakening and delaying Canada’s climate plan and further climate ambition while reaping more federal subsidies and continuing to increase oil production. Read More

An op-ed from Joshua Buck, Alberta climate program manager at Environmental Defence, on the $260-billion unfunded environmental liability in the oil and gas sector in Alberta:

Albertans have had a long-standing and mutually beneficial bargain with the oil and gas industry. Basically, the deal was, the companies can take Albertans’ resources, practically for free, but in exchange, they’ll create high-paying jobs for Albertans. They’ll create the conditions for a strong economy, low taxes, and a high quality of life.

But it looks like we have been duped. Because there was another, hidden part of the deal: massive clean-up costs that the companies aren’t able to pay. Costs that will likely be left to Albertans to pay, long into the future.

Read the full op-ed in the Edmonton Journal Read More