Item: 2019 Calgary Green Regs n Ham Breakfast October 24 2019
Green Regs 'n' Ham: Where to from here?
Environmental liabilities and
diminished credit facilities:
Insolvency, environmental obligations & the impact
of the Redwater decision
Alberta has a crisis on its hands. A mountain of
environmental obligations exists across the Alberta landscape.
These obligations take the form of abandonment and reclamation (and
remediation) requirements for the oil and gas sector; a sector under a
cash crunch. Low resource prices have pushed many firms into
insolvency, leaving many outstanding and difficult questions about how
the environmental liabilities will be covered, now and into the future.
Join Keely Cameron, Lars De Pauw and the ELC to discuss the legal and
practical challenges faced by the industry, the environment, and the
public purse. The breakfast discussion will include a review of the
impacts of the Redwater decision (Orphan
Well Association v. GrantThornton
Ltd., 2019 SCC 5 ) and how the province (and the federal
government) could respond.
Green Regs n Ham
October 24, 2019
119 12th Ave SW Calgary
Hot Buffet breakfast 7:15 AM
Program 7:45 am-9:00 am