The BC government is enabling a dangerous disregard for environmental monitoring, reporting and protection among mining companies by letting them off the hook for the full costs of environmental reclamation – leaving taxpayers liable for more than $1.5 billion, a new report shows.
“Other industrial sectors treat accident insurance and security deposits as a routine and fundamental cost of doing business and if a warehouse catches fire, a pipeline bursts or a factory has to be shuttered, companies have money set aside to respond effectively and immediately,” said Grand Chief Stewart Phillip, President of the Union of BC Indian Chiefs.
Nelson Daily – May 16, 2016.
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