Energy in the 21st Century NEWS SERVICE

Supreme Court rules energy companies must clean up old wells — even in bankruptcy

E21NS  E21NS  E21NS  E21NS  E21NS January 31, 2019 CBC | Canada | fossil fuels: pollution

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Canada's top court ruled that companies must clean up their mess before paying creditors after going bust, overturning 2 lower-court decisions. The ruling effects Redwater Energy, who wanted to sell its share in 17 oil and gas wells to pay creditors, abandoning any cleanup. “Polluter pays” addresses an increase in "orphan" wells (over 3,000 in 5 years).

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