• Mycatiskai@lemmy.ca
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    11 hours ago

    Canadian dollars only. In a trust or financial device that pays out to the government not the company. Non refundable but transferrable if you don’t end up drilling that well then it can move to another proposed well.

    In case they think of asking for the money back if they clean up themselves, it still needs a third party inspection after a 5 year period to insure the clean up wasn’t half assed before payout of initial deposit. All interest goes to environmental protection agencies.