cross-posted from: https://news.abolish.capital/post/42980
The orphan wells trace back to a tangled web of foreign investors, a company based in the British Virgin Islands and a last-ditch effort to sell to a Chinese company for $22M
From The Narwhal via This RSS Feed.
There is a cleanup fund that o&g companies are supposed to be paying in to, but miss maple maga has never enforced it, and the fund is bone dry.
If provincial idiot won’t do it then it is on the federal government to introduce and enforce rules to benefit the citizens of the stupid areas.
Well, it used to be that the resources and mining were federally owned, thanks to Pierre Trudeau, but Mulroney had that repealed. We’d have all been way better off if we still got to keep the profits of our resource extraction.