Saturday, July 15, 2017

Michelle Wright Nice what 10 million would do for these people instead of paying a child terrorist.

Alberta offers $235M loan to clean up orphan wells

Funds will help get oil services workers back on the job

CBC News Posted: May 18, 2017 8:53 AM MT Last Updated: May 18, 2017 2:21 PM MT
Alberta Premier Rachel Notley waits before making an announcement regarding work to speed the cleanup of Alberta’s old energy infrastructure near Carstairs, Alta.
Alberta Premier Rachel Notley waits before making an announcement regarding work to speed the cleanup of Alberta’s old energy infrastructure near Carstairs, Alta. (Jeff McIntosh/Canadian Press)







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Alberta will loan $235 million to the energy industry to clean up orphaned oil and gas wells, Premier Rachel Notley announced Thursday.
The money will flow to the Orphan Well Association (OWA), which is administered by the Alberta Energy Regulator but funded by energy companies. The loan will be paid back over a decade by industry, with the interest covered by $30 million the federal government announced in the last budget.
The OWA is dealing with about 2,000 orphan wells. A well becomes orphaned when its corporate owner goes bankrupt without enough assets to pay for the cleanup. Until recently, industry paid $15 million a year into the fund. It doubled to $30 million annually in 2015.
"Since the orphan fund was established, industry has contributed almost a quarter of a billion dollars and this funding has been used to successfully abandon almost a thousand wells and reclaim over 600 sites," said Brad Herald, the chair of the OWA.

Oil service jobs created

The funds that the province will loan the industry will not fully take care of the inventory of wells already on the books of the OWA, but it will help to get oil services workers back on the job.
"The agreement will put people to work as early this summer and will go toward cleaning up orphaned wells over the next three years," Notley said.
Notley made the announcement on an orphan well site near Carstairs, north of Calgary. The well was drilled in 1980, saw 10 different owners and was orphaned in 2015.
"By the end of this summer, you won't be able to tell there was even a well here," she said.
Many oil services workers have been reluctant to come back to the industry because of its uncertainty, but this funding will help, according to Mark Salkeld, chief executive of the Petroleum Services Association of Canada (PSAC).
"A lot of that talent is leery of coming back into that sector for fear of not having a long-term opportunity. What this does is add job security," he said.

Thousands of wells on list

The plan doesn't replace an industry-run fund to clean up wells, Notley said.
Nor does it solve the much larger problem of Alberta's inactive and abandoned wells.
Tens of thousands of Alberta's wells have been abandoned and plugged with concrete, but not fully reclaimed. And 82,546 are inactive, meaning no more oil or natural gas is being produced, but the wells haven't been plugged and could, at least theoretically, be brought back to life.

The province said that it is also working on that problem
They blame Omar Khadr for $10 million while ignoring the incompetence of both the PCs and NDP folks in government. What about the $30 million that the Stelmach gave as a gift to the oil and gas industry to pay for their liability of the orphan wells? What about the "loan" of $235 million by the new PCs of the NDP folks? Who yaps about the $30 million given by the Trudeau for economic stimulation that has gone to make the orphan well bail out interest free?
Instead of focusing on the incompetence in government that lead to the $10 million payout to Mr. Khadr as well as the abuse of his human rights, folks are yapping about the payout itself.
This sort of explains why no one holds government accountable.

Bissell Centre July 6 at 7:23pm  ·  It’s hard being homeless. This is especially true in the summer heat, whe...

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It’s hard being homeless. This is especially true in the summer heat, when our homeless friends are at an increased risk of developing dangerous heat-related illnesses. Help them stay cool this summer by donating these 5 life-saving items:

The summer months are here at last! Many Edmontonians are relieved to see the return of sunny days to our characteristically chilly North Alberta city. At last, we…
Deb Kirkwood i still and have for many years carried water bottles in my car, and hand out all the time to our most vulnerable! if i have spare change i give that too... this will always be apart of how i can give back.... a little love and compassion goes a little way..... thirst is awful! thanks

July 6 at 7:30pm
Deb Kirkwood i recently gave a water to a man, he was so hot! he poured the water bottle on his head, and said YEAH THIS IS GOOD! so i gave him two more and said hey sweety at least drink one of these and he did ..... gosh a little water sure does go a long way! (Jasper Ave and 107 street he is there all the time!)

July 6 at 9:08pm
Cory Mc There's always a huge shortage of bottled water at the shelters

July 7 at 12:46pmEdited
Cory Mc When they do get water donated it goes to the guys in programs usually does not go to homeless the same for anything else donated

July 7 at 12:47pm
Pam Bryan Cory Mc good to know
Frances Bitney I saw a guy sleeping outside right in the sun on a horrifically hot day and he was really overdressed so i went immediately and bought a cold drink which i put right next to him

July 7 at 5:22pm
R Anderson Donovan we need more public water fountains, pay phones, clean public washrooms. and clocks- the slow disappearance of amenities that serve the common good needs to be turned around- and the whole issue of why people become homeless in this culture needs to continue to be addressed and corrected. The new arena might be a cool place to let displaced people go when it's excessively hot movies.

July 9 at 12:55am
Marissa Loewen I agree.
Water fountains and public washrooms are an amenity I would gladly pay for

July 9 at 7:32am
Michelle Wright Nice what 10 million would do for these people instead of paying a child terrorist.

July 9 at 4:38pm
Julie Ali Also would be nice to know what the millions we paid for the Katz arena would do for these folks rather than for the billionaire. I'd say the man who got the compensation from the government-Mr. Khadr got it because government failed to respect the rights and freedoms business. It's not his fault that government performs poorly and we all have to pay for government incompetence.

Reply3 mins
Julie Ali Also have you considered what the public subsidy of $235 million as a "loan" to the richest corporate sector in Alberta--the oil and gas industry would have done for the poor? How come the NDP government like the PCs before them will pay for the orphan well liability of big oil rather than help the poor? I'm thinking they're captive. Even the $30 million provided by the federal government went to ensure this "loan" is interest free. When you're speaking about obscene waste of cash think of the waste of money for government incompetence and poor decision making first.

Alberta will loan $235 million to a non-profit…

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Delphine Davey Very hard

July 8 at 10:00pm

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