this post was submitted on 26 Jan 2024
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[–] Track_Shovel@slrpnk.net 21 points 7 months ago

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?