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Redwater decision is progress, but environmental liabilities run deep
Climate and Energy Alberta Catastrophic Risk Oil & Gas Sector Opinion Polluter Pay Saskatchewanby Simon Dyer, Chris Ragan & Blake Shaffer The Supreme Court of Canada last week overturned the Court of Appeal of Alberta’s decision in the closely-watched Redwater legal case. The court’s ruling ensures environmental cleanup costs will get priority over creditors when companies go bankrupt. The Redwater decision reinforces the polluter-pay principle, which is reassuring for […]