Optional@lemmy.world to

News@lemmy.world · 5 months ago

Colorado oil and gas wells can’t fund their own cleanup. Taxpayers may foot the bill | A Carbon Tracker report shows the cost to safely shut down low-producing wells is $3bn more than what they earn

www.theguardian.com

cross-posted to:
climate@slrpnk.net

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Colorado oil and gas wells can’t fund their own cleanup. Taxpayers may foot the bill | A Carbon Tracker report shows the cost to safely shut down low-producing wells is $3bn more than what they earn

www.theguardian.com

Optional@lemmy.world to

News@lemmy.world · 5 months ago

cross-posted to:
climate@slrpnk.net

Colorado oil and gas wells can’t fund their own cleanup. Taxpayers may foot the bill

www.theguardian.com

A Carbon Tracker report shows the cost to safely shut down low-producing wells is $3bn more than what they earn

cross-posted from: https://slrpnk.net/post/10954294

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ironhydroxide@sh.itjust.works
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5 months ago
From what I understand often they do. And often the bond isn’t anywhere close to the actual costs.
- sunzu@kbin.run
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  5 months ago
  So in practice they don’t!

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