Carbon Tracker company blog

Taxpayers may have to pay $280B in plugging costs for oil and gas wells

Industry guarantees cover only 1% of estimated costs. NEW YORK, October 1 – By failing to require that oil and gas companies provide sufficient financial assurance when drilling new wells, U.S....
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Tech Industry & BusinessSociety, Policy & Culture2020

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Oct 4, 2020Taxpayers may have to pay $280B in plugging costs for oil and gas wells by clumsysmurf15481

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