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Alberta should lower barriers that discourage businesses from reusing abandoned oil wells: report theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Apr 26, 2021 10:32 AM
CALGARY A report says Alberta should lower regulatory barriers that discourage businesses from reusing abandoned oil and gas wells.
The Canada West Foundation says that could include allowing companies to sell off defunct energy infrastructure without completely cleaning it up.
The study says that could make it easier for industries involving geothermal power, lithium production or solar energy to use parts of old sites that are still useful. ),whenLoaded(initFlexitive);
The foundation says the Alberta Energy Regulator also has to decide how it wants to regulate those industries and how the new ventures could mesh with current oil and gas rules.