Originally posted by mustardman
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Originally posted by mustardman View PostAlberta Energy Regulator -Robert Wadsworth estimates 100 billion to clean up oil wells and another 30 billion for pipelines-
his figures Not mine
You seem fine with allowing revenues generated on the prairies sent to subsidize Quebec hospitals, schools and daycares,,, dude, your effing daft!
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Party on Alberta
Alberta Energy Regulator
Cleaning up Alberta’s oilpatch could cost $260 billion, internal documents warn
The liabilities include costs that companies must assume to shut down aging and inactive oil and gas exploration wells, facilities and pipelines once they are no longer needed. Another significant part of the liability is the clean-up of toxic tailings ponds from oilsands extraction mines near Fort McMurrray. The ponds have sprawled to cover an area the size of Kelowna.
The tailing ponds are used by companies to dump the waste from the mining of bitumen. The process normally requires hot water to separate bitumen from the oily deposits of sand beneath the boreal forest in Alberta, leaving behind a yogurt-like sludge.
https://globalnews.ca/news/4617664/cleaning-up-albertas-oilpatch-could-cost-260-billion-regulatory-documents-warn/
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Originally posted by Integrity_Farmer View PostParty on Alberta
Alberta Energy Regulator
Cleaning up Alberta’s oilpatch could cost $260 billion, internal documents warn
The liabilities include costs that companies must assume to shut down aging and inactive oil and gas exploration wells, facilities and pipelines once they are no longer needed. Another significant part of the liability is the clean-up of toxic tailings ponds from oilsands extraction mines near Fort McMurrray. The ponds have sprawled to cover an area the size of Kelowna.
The tailing ponds are used by companies to dump the waste from the mining of bitumen. The process normally requires hot water to separate bitumen from the oily deposits of sand beneath the boreal forest in Alberta, leaving behind a yogurt-like sludge.
https://globalnews.ca/news/4617664/cleaning-up-albertas-oilpatch-could-cost-260-billion-regulatory-documents-warn/
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Hmmmm, on that map Conservative Manitoba gets $1,900/person equalization while PQ Quebec only gets $1,600.
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Originally posted by chuckChuck View PostVery little in the heritage savings account. A monstrous environmental liability. A particular commodity on a world scale that is one of the most expensive and carbon intensive to extract. Some of the lowest royalty revenues on the planet. A boom and bust economy that lurches from boom to bust based on Private sector profit over long term economic stability. A worldwide push to reduce carbon emissions by reducing fossil fuel use that will eventually cause demand to wane. What could possibly go wrong?
Anyway AB wont be getting anything because we have a new dead beat province to support. NB getting a 10% increase in funding, off ABs back again.
https://www.cbc.ca/news/canada/new-brunswick/new-brunswick-poorest-province-equalization-payments-1.5400170 'Tough to take': New Brunswick grabs unwanted title as Canada's poorest province
Resource hypocrite sure like the revenue while the bash the industry. They are the worst elements of our society. A Marxist cult has taken root.
When the recession hits and it hits BC and ON next especially their RE markets, Canada will crack.Last edited by jazz; Dec 20, 2019, 10:53.
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Yes who will clean up all the environmental problems? That is great question.
Lets not ignore any of them whether it is the abandoned mines, oil wells, tailings ponds etc.
Its time to pay as we go for all the environmental costs incurred instead of pushing the "environmental deficit and liabilities" onto our grandchildren.
Conservatives are supposed to be conserving. But the current Conservatives are rip and ship as fast as possible and let somebody else pay for the hidden costs!
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Originally posted by CptnObvious View PostHmmmm, on that map Conservative Manitoba gets $1,900/person equalization while PQ Quebec only gets $1,600.
Manitobans are diluting the wealth and prosperous hardworking image of us westerners! Why don't they go out and get a job!
Brian Pallister must be a dud if they have to live off equalization! His share must have went to his second home in Costa Rica! And they get more than Quebec per capita!
God gave them plenty of hydro instead of massive oil reserves. Not everybody can win the geology lottery!
I doubt they are planning on joining Wexit!Last edited by chuckChuck; Dec 20, 2019, 11:14.
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Originally posted by chuckChuck View PostI doubt they are planning on joining Wexit!
Meanwhile, the next province to get equalization will be NFLD when their socialize their outrageous green boondoggle hydro project debt.
Ontario is neutral now, they will be next once their highest sub sovereign debt starts to eat away at them, then BC once the Chinese money dries up. And you will have your new country carved out at that time.
If I was a betting man I wiould be buying land in southern AB because once this baby cracks up, millions will move in to the west. Just like they are doing in the US Midwest in states bordering the rockies.Last edited by jazz; Dec 20, 2019, 11:27.
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Jazz, I can't wait for you to appoint yourself the glorious leader of this new Liberal free republic of western frustration!Last edited by chuckChuck; Dec 20, 2019, 11:29.
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