Orphan Wells: Cleaning up Alberta’s Liability Management Regime
Orphan Wells: Cleaning up Alberta’s Liability Management Regime
The Government of Canada has just announced a $1.7 billion fund to clean up orphaned and inactive oil and gas wells. In turn, the Government of Alberta has announced the Site Rehabilitation Program, to provide grants to oil service contractors to perform reclamation work.
While cleaning up these old wells is good news for employment and the environment, it raises several questions. Does using government funds for clean-up mean we are abandoning the polluter pay principle? And what legislative steps need to be taken to ensure we don’t have another batch of abandoned wells in the future?
Join us on May 12th when experts Keely Cameron (Bennett Jones), Prof. Lucija Muehlenbachs (Department of Economics, University of Calgary) and their host meet for a free webinar to discuss this important and timely topic.
Tuesday, May 12, 2020
12:00 - 12:45 p.m. MDT
There is no cost to register. Webinar will be hosted via Zoom. Please share this with those who might be interested.
Contact us at [email protected] with any questions.