How America’s “Most Powerful Lobby” Is Stifling Efforts to Reform #Oil Well Cleanup in State After State
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In #NewMexico, oil companies agreed to work with regulators to find a solution to the state’s more than 70,000 unplugged wells. After months of negotiations, the industry turned against the bill it helped shape.
#News #Petroleum #Southwest #Pollution #Environment #Safety #PublicHealth
https://www.propublica.org/article/oil-industry-lobbying-unplugged-wells
The U.S. Oil Industry Has Repeatedly Stifled Efforts to Reform Well Cleanup
In New Mexico, oil companies agreed to work with regulators to find a solution to the state’s more than 70,000 unplugged wells. After months of negotiations, the industry turned against the bill it helped shape.ProPublica
Nicole Parsons
in reply to ProPublica • • •As we learned from an irresponsible financial services industry in 2008, "Profits are private, losses are public. It's the taxpayers problem."
As we know from an irresponsible fossil fuel industry "Drilling profits are private, environmental cleanups from oil drilling is public. It's the taxpayers problem."
Noticing a trend here...
https://www.theguardian.com/environment/2022/jul/21/revealed-oil-sectors-staggering-profits-last-50-years
Revealed: oil sector’s ‘staggering’ $3bn-a-day profits for last 50 years
Damian Carrington (The Guardian)Nicole Parsons reshared this.