• 9488fcea02a9@sh.itjust.works
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    6 days ago

    Norway: turns their oil into one of the largest sovereign wealth funds in the world.
    Canada: best i can do is crippling fossil fuel dependency, and hundreds of millions in debt for clean up work.

  • Bubbaonthebeach@lemmy.ca
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    6 days ago

    Every oil company has bankruptcy in their plan for leaving AB. If they don’t purposely bankrupt their current company, they plan to sell to a subsidiary with no assets and then put it into bankruptcy. Standard oil business practice to take all the value while never paying any of the liabilities.