Are there any funds or plans in place to allow for cleanup?
Theres quite a few stories of housing developments being built over forgotten oil wells that a just toxic waste losses to the families that dared to buy a house in the Wrong Spot.
California has unfortunately let the oil majors fraudulently transfer their cleanup liabilities to smaller firms which don’t have the resources to plug the wells properly. The public is going to be on the hook to the tune of several billion dollars
Are there any funds or plans in place to allow for cleanup? Theres quite a few stories of housing developments being built over forgotten oil wells that a just toxic waste losses to the families that dared to buy a house in the Wrong Spot.
California has unfortunately let the oil majors fraudulently transfer their cleanup liabilities to smaller firms which don’t have the resources to plug the wells properly. The public is going to be on the hook to the tune of several billion dollars