Climate News Now on Nostr: It will cost up to $21.5 billion to clean up California’s oil sites. The industry ...
It will cost up to $21.5 billion to clean up California’s oil sites. The industry won’t make enough money to pay for it.
An expert used California regulators’ methodology to estimate the cost of cleaning up the state’s onshore oil and gas industry. The study found that cleanup costs will be triple the industry’s projected profits.
#climate #climatechange #climatecrisis
https://grist.org/energy/it-will-cost-up-to-21-5-billion-to-clean-up-californias-oil-sites-the-industry-wont-make-enough-money-to-pay-for-it/
An expert used California regulators’ methodology to estimate the cost of cleaning up the state’s onshore oil and gas industry. The study found that cleanup costs will be triple the industry’s projected profits.
#climate #climatechange #climatecrisis
https://grist.org/energy/it-will-cost-up-to-21-5-billion-to-clean-up-californias-oil-sites-the-industry-wont-make-enough-money-to-pay-for-it/