Carbon Taxes Cost $100,000 per Well in Northeastern BC: Encana CEO

Carbon Taxes Cost $100,000 per Well in Northeastern BC: Encana CEO
Doug Suttles, President and CEO of Encana Corp., speaks at the company's annual meeting in Calgary on May 3, 2016. The Canadian Press/Mike Ridewood
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Encana Corp. CEO Doug Suttles said government policy is making Canada an increasingly uncompetitive place to drill for oil and gas.

Suttles said it costs his company about $100,000 in carbon taxes on the diesel required to drill and complete each well in northeastern British Columbia, a cost his competitors in similar places in the United States do not pay.