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Quote of the Day: ‘Schrödinger’s Oil Industry’ Has Massive Revenue, No Money for Cleanups

June 22, 2026
Reading time: 1 minute
Author: Mike Andrade
Full Story: LinkedIn

Hillebrand Steve/Pixnio

Hillebrand Steve/Pixnio

It is Schrödinger’s oil industry. They say that they are making so much money that they are a massive contributor to Canada’s GDP and sending a fire hose of cash to their investors. At the same time they have no money to spend on anything associated with clean up liabilities.

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540+ Dead, Hundreds Missing as Towering Flash Flood in Nepal Points to Extreme Heat, Heavy Rainfalls

August 28, 2026
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August 25, 2026
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Trump Trade War Could Be a Catalyst to Speed Canada’s Energy Transition, Experts Say

August 25, 2026
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Quote of the Day: ‘Schrödinger’s Oil Industry’ Has Massive Revenue, No Money for Cleanups

June 22, 2026
Reading time: 1 minute
Author: Mike Andrade
Full Story: LinkedIn

Hillebrand Steve/Pixnio

Hillebrand Steve/Pixnio

It is Schrödinger’s oil industry. They say that they are making so much money that they are a massive contributor to Canada’s GDP and sending a fire hose of cash to their investors. At the same time they have no money to spend on anything associated with clean up liabilities.

Get the latest climate news and analysis, direct to your inbox.

Subscribe Today

View our latest digests







in Finance & Investment, Oil & Gas, Oil Sands

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Your email address will not be published.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.

Related Articles

Staffers Ask Shell to ‘Clarify’ Financial Risks in the Energy Transition

Staffers Ask Shell to ‘Clarify’ Financial Risks in the Energy Transition

February 2, 2026
UPDATE: ‘Defeatist, Self-Fulfilling’: AI Tool to Find More Oil Would Lead to ‘Climate Catastrophe’

UPDATE: ‘Defeatist, Self-Fulfilling’: AI Tool to Find More Oil Would Lead to ‘Climate Catastrophe’

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Oil and Gas ‘Running Faster to Stand Still’, Would Need $500B/Year to Replace Depleted Wells: IEA

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picryl

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