Prime Minister Justin Trudeau announced Friday morning Ottawa would be investing $1.7 billion in orphan and inactive well cleanup in Alberta, Saskatchewan, and B.C.
“Our goal is to create immediate jobs in these provinces while helping companies avoid bankruptcy and supporting our environmental targets,” Trudeau said. Alberta’s Orphan Well Association estimates there are some 6,500 abandoned wells throughout the province.Canada is also creating a $750 million emissions reduction fund focused on methane pollution, and which earmarks $75 million specifically for offshore firms on the east coast. Trudeau said the fund would be distributed as repayable contributions that would help businesses maintain their competitiveness, staff and climate targets.
Why are we paying for this and not the greedy oil companies themselves?
Why aren't these dam oil companies paying to clean up their own mess? No wonder Alberta has such a bad name.
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