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ETFO 1

Carl Meyer

  • May warns Ottawa will be forced to pay for oilpatch cleanup costs

    May noted that the sector, which extracts heavy oil from tar-like bituminous deposits of sand beneath Alberta’s boreal forest, has been heavily subsidized ever since former prime minister Jean Chrétien’s Liberal government offered billions of dollars in incentives. She said the cost of liabilities would dramatically rise if governments continue to allow the industry to expand. She suggested it would be better to maintain current levels of production, refining the product in Alberta and cancelling new pipeline expansion projects to reduce carbon pollution.

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