Hahaha, and this is just the extraction phase. The estimated reclamation liability for the oil sands is 200 billion dollars. Alberta currently has checks notes 2 billion in reclamation bonding for the oil sands…
So we have a mostly landlocked, massively polluting industry, with insane operating costs, selling their product at discount on a volatile market controlled by a cartel (OPEC). DEFINITELY too big to fail, right?
Right guys?
Like we certainly won’t be stuck with 198 billion in clean up, right?
Hahaha, and this is just the extraction phase. The estimated reclamation liability for the oil sands is 200 billion dollars. Alberta currently has checks notes 2 billion in reclamation bonding for the oil sands…
So we have a mostly landlocked, massively polluting industry, with insane operating costs, selling their product at discount on a volatile market controlled by a cartel (OPEC). DEFINITELY too big to fail, right?
Right guys?
Like we certainly won’t be stuck with 198 billion in clean up, right?
Guise?
Guise?