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Alberta’s government is investing $46 million through the TIER fund to develop the innovative technologies needed to safely and effectively reduce tailings ponds and clean the water. Led by three major oil companies, a post-secondary institution and two businesses, this funding will help reclaim the water in tailing ponds and eventually return the land for use by future generations.
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For example, CNRL will use $18 million in provincial funding to reduce liquid waste and expensive, energy-intensive equipment in Wood Buffalo, while Imperial will use $12.8 million to test a new way to treat tailings that reuses more water and speeds up land reclamation north of Fort McMurray.
Suncor will use $7.5 million for two pilot projects, including demonstrating established technologies to treat oilsands mine water, helping manage growing volumes of stored water and advancing the reclamation and closure of tailings facilities. Meanwhile, NAIT will create standards to help measure treatment performance and adopt new technologies across the oilsands.
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Oilsands operators are responsible for site management and reclamation, while ongoing research continues to inform and refine best practices to support effective policy and regulatory outcomes.
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https://www.alberta.ca/release.cfm?x...FDD8411382F96A
So all these companies are massively profitable, carry the responsibility of managing their own waste, but Alberta taxpayers have to fund their cleanup projects? Please someone make this make sense, because it seems to me they can pay afford to pay for it themselves, and the government already decided they are responsible to do so. How is it they get the profits, and we pay for the cleanup?