Quote:
Originally Posted by SebC
http://www.calgarysun.com/2015/09/06...n-west-village
I'm not clear on how they have money for this, since there's no West Village CRL and presumably the EV CRL funds are benchmarked for EV. Borrowing against the future CRL? Direct funding? Simply not paying anything yet?
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This is just shortlisting to 2 firms who will do an analysis to figure out what level of remediation is needed based on potential usages, and the potential cost.
This is the equivalent to hiring an architechtural firm to assess what development options are possible on a plot of land you want to build and how much it might cost. Its hard to assess WV options until you know the potential cost/timeline of remediation, regardless of who is paying.
Quote:
Originally Posted by Fire It Up
Further to some of the points made above on the creosote cleanup, does anyone have a reasonable idea of the process. For example, if the Province or City seek a polluter pay scenario, can they still go ahead and clean it up without delay then turn around and sue the polluter and flip them the bill when all is said and done? Otherwise, litigation to iron this out could take years.
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It would be a litigious nightmare trying to get Domtar to pay if we are looking at hundred plus million, so I imagine they would negotiate some form of settlement where Domtar would cover a small portion of costs (as they have done in similar cases). This isn't a case of Domtar broke the law in their production and thus need to clean it up; they met and followed the environmental laws/regulations in place when they had their operations running. Was really the Gov'ts fault for having such brutal policies in place back in the day.
Getting Domtar to pay is
somewhat analogous to writing a speeding ticket to someone years later, because you changed the speed limit to make it lower.