For example, CNRL made $10.8 billion in profit in 2025 alone. CNRL could pay for the cleanup of the entire orphan inventory ($1.66B) and still walk away with over $9B in profits. That's why the orphan fund / orphan levy exists. But the AER keeps protecting industry at our expense. #ABLeg #ABPoli
@phillipmeintzer.bsky.socialThe orphan fund exists to ensure that industry as a whole pays for cleanup when companies go bankrupt. The longer orphan wells sit unreclaimed, the more taxpayers pay to cover unpaid rent to landowners & unpaid municipal taxes. Low orphan levy = delayed cleanup = increased cost to Albertans. #ABLeg