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Originally Posted by Johnny Makarov
Voted, but would this do anything? The UCP don't give 2 effs about the environment and neither do their deplorable supporters.
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The UCP and Northback need to understand how large the opposition is. UCP members should be worried about their seats. Northback should be worried about a long expensive fight (with the value of coal expected to drop). EVR in BC is laying off workers because of the tariffs. Many locals think there is great support for a coal mine.
When Glencore spins off Teck’s dirty coal, it also spins off the cleanup to taxpayers
https://www.theglobeandmail.com/busi...f-the-cleanup/
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Words are cheap. Without binding measures post-spinoff, US$70-billion miner Glencore would be off the hook for the billions of dollars it will cost to reclaim the mines and remediate the major selenium poisoning that has amassed in the Elk Valley and downstream in the transboundary Kootenay watershed in Montana and Idaho.
The liabilities would instead rest with a stand-alone company reliant on a product with declining demand – for both thermal and metallurgical coal – and with revenues that could dramatically dwindle in the coming years.
What guarantees are there that B.C. taxpayers won’t have to cover the Elk Valley Resources (EVR) mines’ remediation liabilities in the event the new owners are no longer able to pay for it?
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