Optional@lemmy.world to News@lemmy.world · 5 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: climate@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 · 5 months agomessage-square18fedilinkfile-textcross-posted to: climate@slrpnk.net
minus-squarecatloaf@lemm.eelinkfedilinkEnglisharrow-up28·5 months agoYes. If your work requires environmental cleanup, you should be required to post bond to cover it.
minus-squareironhydroxide@sh.itjust.workslinkfedilinkEnglisharrow-up18arrow-down1·5 months agoFrom what I understand often they do. And often the bond isn’t anywhere close to the actual costs.
Yes. If your work requires environmental cleanup, you should be required to post bond to cover it.
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!