Reducing environmental risks from mining in British Columbia

Pollution

Next month marks the five-year anniversary of the Mount Polley mining disaster. On August 4th, 2014, a dam at the mine ruptured, releasing 24 million cubic metres of water and mine tailings into several lakes and rivers in British Columbia’s Interior. We have written before about how putting a price on the risk of mining […]

Climate Roulette: Risks too big to ignore

Climate and Energy

It’s a sobering time for anthropogenic climate change. Heatwaves, wildfires, droughts, and hurricanes continue to make headlines around the globe. At the same time, major reports are reminding us that the world is a long way from its climate commitments. We’re even further from limiting global temperature rise to the international target of 1.5ºC. Without […]

Redwater decision is progress, but environmental liabilities run deep

Climate and Energy

by 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 […]

Alberta’s oil patch: risks vs. costs

Cleanup liabilities in Alberta’s oil patch: Risks vs. costs

Climate and Energy

Last week, a news story broke with an eye-grabbing headline: Cleaning up Alberta’s oil patch could cost $260 billion. This figure massively exceeded the provincial regulator’s official estimate of $58 billion. Reading a little further down revealed some key details. First, the $260 billion was — according to the Alberta Energy Regulator — a worst-case scenario. Second, […]

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