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-square4fedilinkarrow-up10arrow-down10file-text
arrow-up10arrow-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-square4fedilinkfile-text
minus-squareDelta_V@lemmy.worldlinkfedilinkarrow-up0·2 months agoMaybe cleanup costs should be baked into the price of a building permit…
minus-squarecatloaf@lemm.eelinkfedilinkEnglisharrow-up0·2 months agoYes. If your work requires environmental cleanup, you should be required to post bond to cover it.
minus-squareironhydroxide@sh.itjust.workslinkfedilinkEnglisharrow-up0·2 months agoFrom what I understand often they do. And often the bond isn’t anywhere close to the actual costs.
Maybe cleanup costs should be baked into the price of a building permit…
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!