#CoSoEnvironment

(Socialism, for Big Energy)

With Bankruptcies Mounting, Faltering Oil and Gas Firms Are Leaving a Multi-billion Dollar Cleanup Bill to the Public.

The new report from Carbon Tracker also notes that current bonding monies allocated for well cleanup are equal to roughly only 1 percent of that total expected cost.

https://www.nakedcapitalism.com/2020/10/with-bankruptcies-mounting-faltering-oil-and-gas-firms-are-leaving-a-multi-billion-dollar-cleanup-bill-to-the-public.html