In May 2021, environmentalists scored a stunning victory against big oil companies with potentially big implications for climate change, fossil fuel companies and the Canadian oil sands industry. A tiny American hedge fund, Engine No. 1, convinced shareholders of ExxonMobil…
Across Canada, there are over 100,000 inactive or ‘orphaned’ oil wells that lie unused. The problem with these wells is that they can pollute the local area.1 An estimated 95,700 wells are in Alberta alone, 36,600 in Saskatchewan and 12,350 in British Columbia. Cleanup…