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Bankrupt energy companies can’t abandon old wells, Supreme Court saysCanada’s highest court says a province’s right to enforce cleanup takes precedence over creditors globebusiness This will no doubt have a very important impact on farm-in deals,as risk flows from the existing License Holder to the Farminee.I have Always believed that the regulator should manage a fund,paid into by operators on a profit-share basis,to fund independant decommissioning. globebusiness AHHHH HATE TO TELL YOU THIS BUT THEY ALREADY HAVE ABANDONED THEM,LEAVING CANADIAN TAXPAYER'S $$$$ TO CLEAN UP (OR NOT?) THE MESS!!
Source: globeandmail - 🏆 5. / 92 Read more »
Supreme Court to rule on whether energy companies can abandon old wellsThe Supreme Court of Canada is set to rule today on whether energy companies can walk away from unprofitable wells on agricultural land without having to clean up behind them. I don't even really know what this is about but if a 'wrong' choice exists, I'm sure the Supreme Court will make it because they're morons. Really, it should be obvious.
Source: CTVNews - 🏆 1. / 99 Read more »
Bankrupt energy companies can't abandon old wells, Supreme Court rulesThe Supreme Court of Canada says the trustee for a bankrupt Alberta energy company cannot simply walk away from unprofitable wells on agricultural land without having to clean up. Should be a no brainer CTVCalgary This would have been an epic failure to the people of Alberta if it went any other way! Good luck with that ! RE: define bankrupt!
Source: CTVNews - 🏆 1. / 99 Read more »
Bankrupt energy companies can’t abandon old wells, top court rulesSince the case came to court, an estimated 1,800 wells representing more than $100 million in liabilities have been abandoned Ambiguous headline.
Source: nationalpost - 🏆 10. / 80 Read more »
Big Food is the new Big Tobacco as report blames industry for obesity, malnutrition and climate changeThe Lancet Commission on Obesity blamed the sector for a system that gorges populations on empty calories while misusing land, energy and other resources Does that mean that lisahelps will be suing McDonald's and Burger King? victoriavisitorbcpoli They got to do lots of tea to clean up the oil in the said food!
Source: nationalpost - 🏆 10. / 80 Read more »
Suing oil companies will achieve nothing — time to curb our own carbon consumptionPeter Tertzakian: Personal accountability on the consumption side of energy, where it matters most to reducing CO2 emissions, is weak Wtf. That's the old guns dont kill people... people kill people copout. Ridiculous Although they would be regressive and mightily unpopular, high consumption taxes, à la cigarette taxes, may change our habits and slake our thirst for fossil fuels, while boosting revenue for programs like building a greater public-transit infrastructure. We do not consume carbon, unless you mean the plants we eat? Or do you mean activated charcoal? By living our lives working to pay for food and shelter we produce carbon. This headline sucks.
Source: nationalpost - 🏆 10. / 80 Read more »
Realistic Date Night Ideas To Help New Parents Keep The Love Alive-ishRealistic date night ideas to help new parents keep the love alive-ish
Source: HuffPostCanada - 🏆 61. / 53 Read more »
The British press arrives in Alberta’s oilsands — armed with ignorance and fake newsOpinion: The Economist published an agenda-driven opinion piece dressed up as news that served to denigrate Canadian energy Now you know how realDonaldTrump feels. Hey BP, don't need to drill in the oceans as there is plenty of oil in Alberta. Cleaned up your mess in the Gulf of Mexico? Hey British news ..Get on that story.
Source: nationalpost - 🏆 10. / 80 Read more »
‘Maestro’ guilty of sexual assault: Renowned Ottawa vocal coach preyed on three pupils during lessonsJose Hernandez denied all accusations of sexual touching and claimed on the witness stand to have been practising ‘heat and energy transfer’ Ufffff. How on the earth he is healing others, he is not even qualified? Sexually asualting anyone is a sickness creep. Burn in HELL
Source: nationalpost - 🏆 10. / 80 Read more »