If ultra-wealthy industry front groups begging money from governments like #PathwaysNetZero want a shred of credibility they need to answer whether they agree with #Scotiabank (no innocents themselves on all this) or not. Every Albertan deserves an answer.

#abpoli #ableg #cdnpoli #OILigarchy

thestar.com/business/2023/02/0…

Scotiabank says royalty credits for well cleanup would damage industry’s reputation

CALGARY - Scotiabank is warning that the Alberta government’s plan to give oil companies a royalty credit for cleaning up their old wells could damage the reputation of Canada’s oil and gas industry.

^{Toronto Star}

Here's the prime #OrphanOilwell problem as I understand it: #BigOil (which has all the $ in the world) "sells off" spent oilwells to small companies going bankrupt & who could *never* afford cleanup in the first place. This from an industry claiming to produce #EthicalOil.

It's the same bunch of crooks that'd like us to trust them on #CCS and think Canada should give them billions. Just ask the enormous liars at
#PathwaysNetZero.

#abpoli #ableg #cdnpoli #OILigarchy

cbc.ca/news/canada/calgary/alb…

Obviously it should go without saying that any #BigOil company that sold their #OrphanWells to companies all knew couldn't pay for the cleanup should not only not get one cent of this 20 billion but no federal #CCS $ either. Same with oil companies that took #CERB then turned around and offered #ShareBuyBacks to investors. Fool me once...

#abpoli #ableg #DanielleSmith #NDP #cdnpoli #OILigarchy macleans.ca/news/canada/bankru…

Bankrupt oil companies are saddling Alberta landowners with 'orphan wells' - Macleans.ca

The Orphan Well Association is tasked with cleaning up the environmental messes left behind, but it’s having trouble keeping up as oil companies collapse

^Macleans.ca