Arguably, Alberta’s hydrocarbons are not ethical, at least no more so than what is produced in most other oil and gas producing jurisdictions. The speaker will contend that both UCP and NDP governments have subscribed to some version of “ethical oil,” which holds that Alberta’s are some of the most environmentally responsible hydrocarbons in the world, bolstered by democratic institutions and a “world class” regulatory regime. In fact, “ethical oil” is a facade to hide the truth: that oil companies, the provincial government, and Alberta’s various energy regulators have long conspired to put profits above the public interest, with the province now potentially on the hook for hundreds of billions of dollars to clean up abandoned wells and leaking tailings ponds.