issued by the university’s School For Public Policy, three authors examine what they call a “massive policy failure” in dealing with the large and growing environmental liability left by the province’s oil and gas industry.They use decades of documents from registries and access to information requests to accuse the regulator of consistently favouring industry over public interest.
The university report concludes that liability is the result of years of regulatory cosiness with industry. Alberta once had a requirement that all wells inactive for more than 10 years be abandoned, placed back into production or have financial security posted for their abandonment. That program was cancelled in 2000.
That requirement has grown to $700 million in 2024, from $422 million in 2022. In 2022, 4,461 sites received reclamation certificates, an increase of a third over the previous year.
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