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In 'Victory for Land and Water,' Canada's Supreme Court Rules Bankrupt Fossil Fuel Companies Must Clean Up Pollution Left Behind

In 'Victory for Land and Water,' Canada's Supreme Court Rules Bankrupt Fossil Fuel Companies Must Clean Up Pollution Left Behind

Julia Conley, staff writer

Green energy campaigners in Canada applauded a precedent-settiing Supreme Court ruling on Thursday which ordered the bankrupt Alberta-based oil and gas company Redwater Energy to clean up its failed wells instead of leaving the task to the public.

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We need a similar ruling here in the U.S. Not likely with the current administration and Supreme Court, though.

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Right On, Martha!!   If it weren’t for Mitch McConnell, there’s a number of things that could be done to un-do the desecration of our public lands by private industries – Frack the Frackin’ Frackers, for exam­ple – by bypassing Tweetle-Dumb’s so-called “administration” with veto-proof margins.  The Supreme Court will remain a problem for a while, but there’s a considerable amount of evidence that Brett Kava­naugh lied during his confirmation hearings, so hopefully he will be impeached & removed a couple of years from now.  (Kavanaugh was only 17, not 18, and therefor drinking “brewskis” ILLEGALLY during the summer he was accused of attempted rape, for example.)

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Relatedly: When Pence was still in Indiana, he and his brother owned a chain of gas stations/convenience stores called “Country Roads,” quite a few of which were/are in need of soil remediation (via leakage from the gas tanks). Apparently, most or all (not clear) were left for the state to clean up. The hyper-religious Pence, yet another advocate of “privatize the profits, socialize the losses.” With (a lot of) luck, we’ll be spared his “presidency.”

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The right and just decision.

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The next most logical entity responsible for the toxic crime would be?
Why the one who bankrolled the Crime
The Co Investor, without whose investment money no crime could have been perpetrated
The Gangster Bank who funded the Toxic Legacy
Instead of selling assets to recoup loans
The Banksters should pay for funding the Crime
Pay for Cleaning up the results of their Investment in Pollution
But that might be TOO Logical

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When will these corporate entities actually be held responsible here. A bankruptcy isn’t the corporate fiasco that the private person suffers and can be abused to reduce the debts to creditors. A process that Trump has used often and has likely dallied with in his current position. Perhaps assessing stock holders for the stock they own as a way to collect from these frauds would reign in the abuses now so business as usual. The stockholders would then have reason to examine the bad acts of the corporate leadership as they would be part of paying for the messes that their investment subsidized.

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Forget it. Common sense and fair mindedness are not members of “The Club.” (ref: George Carlin, “They have a club and you’re not in it.”)
That’s why you have very good points. You’re not in The Club.

Love this logic! Since the Banksters profited from the toxic crime, Their retrospective profits should be seized for the clean up.

You probably won’t hear much about this. These large companies find that it is cheaper to pay the fines than it is to comply with regulations.