• About
    • Which Energy Mix is this?
  • Climate News Network Archive
  • Contact
The climate news that makes a difference.
No Result
View All Result
The Energy Mix
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
No Result
View All Result
The Energy Mix
No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
  FEATURED
Renewables ‘Set to Soar’ with 440 GW of New Installations in 2023: IEA June 4, 2023
Greek Industrial Giant Announces 1.4-GW Alberta Solar Farm, Canada’s Biggest June 4, 2023
Shift to Remote Work Cuts Commutes, Frees Downtown Space for Affordable Housing June 4, 2023
2.7M Hectares Lost, Nova Scotia at Ground Zero in ‘Unprecedented’ Early Wildfire Season June 4, 2023
Is Equinor’s Bay du Nord ‘Delay’ a Cancellation in Slow Motion? June 1, 2023
Next
Prev

Alberta Fossils Stop Paying Rent on Property Leases

September 16, 2016
Reading time: 2 minutes

eryn.rickard/Wikimedia Commons

eryn.rickard/Wikimedia Commons

 
eryn.rickard/Wikimedia Commons
eryn.rickard/Wikimedia Commons

A growing number of Alberta fossil companies have stopped paying the rent on the properties they lease, leading to hundreds of new complaints to the Alberta Surface Rights Board (ASRB), the Calgary Herald reported at the beginning of the month.

“It’s pretty much a disaster,” said Patricia Walker, president of My Landman Group, which acts as an intermediary between landowners and industry. “There’s just more and more of this going on.”

  • Concise headlines. Original content. Timely news and views from a select group of opinion leaders. Special extras.
  • Everything you need, nothing you don’t.
  • The Weekender: The climate news you need.
Subscribe

The ASRB, which is responsible for collecting lapsed oil and gas payments, “said the 320 farmers and ranchers seeking compensation in the past month nearly matched what it would typically receive in an entire year,” the paper notes. “A sustained spike in unpaid rents in 2016 threatens to deepen the burden on taxpayers who will be on the hook for the outstanding bill.”

Rural municipalities are already missing out on millions of dollars in property tax revenues they were counting on to deliver community services, the Herald reports. To make up for the fossils’ debts, the communities would have to raise taxes on residents who are already hurting as a result of the sustained global oil price crash.

“It’s companies in very difficult times making very difficult decisions. It’s not an issue of them sitting on the money and not releasing it,” said Canadian Association of Petroleum Producers Vice President Brad Herald. “In most instances, they’re really struggling to keep their lights on, and they’re falling behind on their obligations.” (h/t to iPolitics for pointing us to this story)



in Energy / Carbon Pricing & Economics

The latest climate news and analysis, direct to your inbox

Subscribe

Related Posts

sunrise windmill
International Agencies & Studies

Renewables ‘Set to Soar’ with 440 GW of New Installations in 2023: IEA

June 4, 2023
123
/Piqusels
Finance & Investment

Analyst Sees Oil and Gas Running Short of Cash as IEA Releases Energy Investment Update

May 31, 2023
690
Nicolas Rénac/Flickr
Environmental Justice

Climate Change to Cut Coffee Growing Lands by Over 50%

May 30, 2023
99

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Trending Stories

/MaxPixels

‘Substantial Damage’, No Injuries as Freight Train Hits Wind Turbine Blade

May 25, 2022
14.6k
Natural Resources Canada

2.7M Hectares Lost, Nova Scotia at Ground Zero in ‘Unprecedented’ Early Wildfire Season

June 4, 2023
145
sunrise windmill

Renewables ‘Set to Soar’ with 440 GW of New Installations in 2023: IEA

June 4, 2023
123
Pixabay

Greek Industrial Giant Announces 1.4-GW Alberta Solar Farm, Canada’s Biggest

June 4, 2023
115
Inspiration 4 Photos/flickr

Cooling Upper Atmosphere Has Scientists ‘Very Worried’

May 23, 2023
500
Clairewych/Pixabay

Demand Surges for Giant Heat Pumps as Europe Turns to District Heating

June 4, 2023
82

Recent Posts

Oregon Department of Transportation/flickr

Shift to Remote Work Cuts Commutes, Frees Downtown Space for Affordable Housing

June 4, 2023
73
nicolasdebraypointcom/pixabay

Factor Gender into Transportation Planning, IISD Analyst Urges Policy-Makers

June 4, 2023
33
moerschy / Pixabay

Federal Climate Plans Must Embrace Community-Driven Resilience

June 4, 2023
49
debannja/Pixabay

Austin, Texas Council Committee Backs Fossil Non-Proliferation Treaty

June 4, 2023
80
Equinor

Is Equinor’s Bay du Nord ‘Delay’ a Cancellation in Slow Motion?

June 1, 2023
861
Ottawa Renewable Energy Co-op/Facebook

‘Hinge Moment’ for Humanity Demands ‘YIMBY’ Mentality: McKibben

June 1, 2023
75
Next Post

New patent boosts CO2 capture hopes

The Energy Mix - The climate news you need

Copyright 2023 © Energy Mix Productions Inc. All rights reserved.

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Proudly partnering with…

scf_withtagline
No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}