Alberta to pilot oil and gas tax breaks for legally required cleanup of abandoned wells

Alberta is testing a program offering the oil and gas sector millions in royalty credits to clean abandoned wells. Read on.

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“They’re taking public money and giving it to oil companies to do work they are already legally obligated to do and they’re doing it at a time of high oil prices,” Ganley said. “It’s somewhat regrettable that the taxpayer is left to fund these programs and that royalties will be reduced,” Bennett said. “However, landowners are dealing with lots of abandoned wells. It’s kind of a catch-22 situation that was never in the social contract.”Dwight Popowich of the Polluter Pay Federation said his group made repeated requests to attend the session, but have instead been told to meet with department officials.

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