Wednesday, June 7, 2017

-Responding to Alberta Party Leader Greg Clark in question period, Notley said the government has a strict “polluter pay” principle and does not want to subsidize the cleanup of wells for which private companies have liability.-------Julie Ali Just now · The Calgary Herald · Always interesting to review the documents that lead up to a bad decision. Here is the Notley musing about the decision that is already made. The GOA is just preparing us for the handout to big oil that is to come. What is only surprising is the size of the payout. The NDPCs must really want another term in the government. They're handing over major sums of our money for the goodwill of the industry in my opinion.


If you go back in the records you can see how we are set up by the  GOA to expect the handout to big oil.
Here is an early article that indicates the future handout to big oil quite clearly. The amusing aspect of this article is the hypocrisy of the NDP folks as noted  here:


Responding to Alberta Party Leader Greg Clark in question period, Notley said the government has a strict “polluter pay” principle and does not want to subsidize the cleanup of wells for which private companies have liability.


**
Yeah, I guess giving $235 million to big oil is adherance to their position of "strict polluter pay" and not subsidizing the cleanup. What the heck?  Do the writers for the politicians make these comments just to keep us laughing at the dissonance between the words and the acts?

Note also no answer to the problem of the increasing worm burden of wells that will be abandoned. I see the amount of cash that the oil industry is putting in versus what we're putting is might be considered rather minute :


He noted that with the industry putting $30 million annually toward remediation, it will take nearly two decades to reclaim the current number of orphan wells, even as more are likely to be abandoned because of the economic downturn.

***

So why are we giving the bilion dollar earning oil companies $235 million when they are only forking out $30 million all total every year? What the heck? Are citizens comatose?
Don't y'all see that we're being ripped off?
Or does no one care in Alberta about the oil industry being the government of Alberta?


Always interesting to review the documents that lead up to a bad decision. Here is the Notley musing about the decision that is already made. The GOA is just preparing us for the handout to big oil that is to come. What is only surprising is the size of the payout. The NDPCs must really want another term in the government. They're handing over major sums of our money for the goodwill of the industry in my opinion.
Premier Rachel Notley said Thursday the NDP government will look at providing new support for cleaning up some of Alberta’s orphan oil and gas wells. Responding to…
CALGARYHERALD.COM
LikeShow more reactions
Comment

 

Notley muses about government assistance for orphan well clean-up

Published on: March 10, 2016 | Last Updated: March 10, 2016 5:33 PM MDT
An inactive gas well on a ranch in southern Alberta.
An inactive gas well on a ranch in southern Alberta. DAVID ROSSITER / POSTMEDIA NEWS
Premier Rachel Notley said Thursday the NDP government will look at providing new support for cleaning up some of Alberta’s orphan oil and gas wells.
Responding to Alberta Party Leader Greg Clark in question period, Notley said the government has a strict “polluter pay” principle and does not want to subsidize the cleanup of wells for which private companies have liability.
She acknowledged that in some cases there is no former operator in place to meet remediation obligations.
“There are a number of abandoned wells where there really is no polluter left, unfortunately,” she said.
“And it may well be the case that in terms of immediate infrastructure investment and immediate ability to get people back to work, that this is something worthy of consideration.”
Saskatchewan Premier Brad Wall has asked Ottawa for $156 million to clean up old wells in that province as part of an economic stimulus package to address the growing numbers of laid-off oilfield service workers.
The Alberta government has previously said it will not make a similar request, though Notley said Thursday that Wall’s idea has “merit.”  
In the 2009 recession, Premier Ed Stelmach gave $30 million in one-time funding to clear the backlog of orphaned wells.
The Alberta Energy Regulator lists 66,500 wells as “abandoned” and another 76,500 “inactive” under its Licensee Liability Rating system. The Orphan Well Association in Alberta has more than 700 wells without an owner financially capable of the remediation work.
Clark said Notley’s answer was encouraging but he wants the government to commit to clear the existing backlog in four years.
He noted that with the industry putting $30 million annually toward remediation, it will take nearly two decades to reclaim the current number of orphan wells, even as more are likely to be abandoned because of the economic downturn.

jwood@postmedia.com
Julie Ali · 
I don't believe the citizens of Alberta should be paying for the liabilities of big oil. I note recently that Ms. Notley approved of a $235 million "loan" to the industry with $30 million from the federal government to pay for interest charges. Why are we doing this?

Isn't it the responsibility of the industry to pay for the orphan well program. The energy sector has billions in assets and I note that there are quite a few bargains being picked up by several oil companies so I imagine they have cash as well. Why hasn't the AER ensured that the payments into the orphan well program be sufficient so that the industry does not need this subsidy?

Also I have no confidence that this "loan" will be paid back. At least the PCs were honest and told us right up front that the $30 million would be given to big oil. The NDPCs tell us this is a loan. I wonder if this loan will be forgiven. The industry needs to get cracking taking care of the pollution it creates including the tailings ponds.
LikeReplyJust now

No comments:

Post a Comment