The Energy Futures Lab and Canada West Foundation recently released a joint report, titled “The LEAD Project: Leveraging our Energy Assets for Diversification”.
“The proposed bill is intended to signal that the Alberta government prefers redevelopment of disturbed land over greenfield development, that energy entrepreneurship is welcome and that regulators can and should cooperate, coordinate and innovate in this space. Repurposing wells for new energy lives will create jobs, help diversify the energy sector, create new economic opportunities for landowners and ease taxpayer burden around site liability, the report says.”