@[email protected]M to Climate - truthful information about climate, related activism and [email protected]English • edit-24 days 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.commessage-square19fedilinkarrow-up1134cross-posted to: [email protected]
arrow-up1134external-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.com@[email protected]M to Climate - truthful information about climate, related activism and [email protected]English • edit-24 days agomessage-square19fedilinkcross-posted to: [email protected]
minus-square@generichate1546link1•3 days agoI read an article in Colorado what’s happening is due to some sort of legal loophole companies are able to spin off their unprofitable Wells into a tertiary corporation and then that company can go bankrupt and because it has no assets of any value
I read an article in Colorado what’s happening is due to some sort of legal loophole companies are able to spin off their unprofitable Wells into a tertiary corporation and then that company can go bankrupt and because it has no assets of any value