Optional@lemmy.world to News@lemmy.world · 2 months agoColorado 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 earnwww.theguardian.comexternal-linkmessage-square18fedilinkarrow-up1150arrow-down11file-textcross-posted to: collapse@lemm.eeclimate@slrpnk.net
arrow-up1149arrow-down1external-linkColorado 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 earnwww.theguardian.comOptional@lemmy.world to News@lemmy.world · 2 months agomessage-square18fedilinkfile-textcross-posted to: collapse@lemm.eeclimate@slrpnk.net
minus-squareironhydroxide@sh.itjust.workslinkfedilinkEnglisharrow-up18arrow-down1·2 months agoFrom what I understand often they do. And often the bond isn’t anywhere close to the actual costs.
From what I understand often they do. And often the bond isn’t anywhere close to the actual costs.
So in practice they don’t!