Public money could help finance Alberta oil and gas site cleanups: Energy minister

Brian Jean said the effort might involve using public finances, even though industry is already legally required to clean up its mess.

Jean told The Canadian Press that municipal governments have to recognize the industry needs competitive taxes if it’s going to be able to pay any taxes at all.For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.He expects legislation to be ready by fall of next year.

The issue of how to fund the cleanup of tens of thousands of pieces of energy infrastructure at a time when conventional oil and gas is declining in Alberta has brought the United Conservative Party government into conflict with landowners and rural municipalities.

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Energy minister says public money could help finance Alberta energy cleanupEDMONTON — Alberta's energy minister is promising strong action to clean up the province's growing backlog of unreclaimed oil and gas sites.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Energy minister says public money could help finance Alberta energy cleanupEDMONTON — Alberta's energy minister is promising strong action to clean up the province's growing backlog of unreclaimed oil and gas sites.
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »