this post was submitted on 17 Sep 2024
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Canada

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The Alberta government has officially handed back more than $137 million to the federal government after running out of time to spend the cash to clean up old oil and natural gas wells.

Questions remain about why the provincial government was unable to use the much-needed funding, considering there are tens of thousands of inactive wells.

Many companies are also disappointed that the full amount wasn't spent because of the loss of reclamation work it would have created.

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