Ouch: “The Alberta government has become the oil patch’s own worst enemy by weakening environmental monitoring & oversight to the extent that foreign investors and foreign companies alike face reputational risks by investing in oilsands”
#ableg
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2. "My reading of this is that Norges’ exclusions also draw attention to the risks resulting from the oil sector’s political capture in Alberta” cc
@ghoberg
@AngelaVCarter
@SethDKlein
@LaurieAdkin
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Oh good lord. Now the Alberta government has suspended environmental monitoring for all O&G operations in the province:
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Monitoring a webcam is risky? "The Approvals are hereby amended to temporarily suspend the requirements for... Wildlife monitoring programs using cameras and acoustic recording devices or other techniques to remotely capture animal presence"
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@climatekeith
Also: "investors & advocates are closely watching the response of the Alberta government, where a majority of the oilsands are located. What has happened so far is not particularly encouraging for ESG investors."
paging
@jkenney
#AbLeg
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