#INTERNATIONAL_TECH_NEWS | #BIG_OIL | As #Climate_Change Hits #California, Will #Gov. #Newsom #Clean_Up #Oil_Industry’s MESS? #METHANE_LEAKS?
This #Bankrupt company also faces more than $1 billion in costs to #properly_plug and ABANDON its 18,700 #Wells in the #State.
That problem goes far #beyond CRC. A state-commissioned report found that #cleaning_up California’s 107,000 #oil and #gas_wells could cost a #STAGGERING $9.2 BILLION??
Disclaimer: DavidV.TV and/or it..
#STAGGERING #gas_wells #oil #CLEANING_UP #beyond #state #wells #properly_plug #bankrupt #METHANE_LEAKS #Oil_Industry #CLEAN_UP #newsom #gov #california #climate_change #big_oil #INTERNATIONAL_TECH_NEWS
#International_TECH_NEWS | MEMORY LANE | The #End of the #Oil_Age Is #Upon_Us.. THE END IS HERE!
A new report suggests that over the next 30 years, at least 80 Percent of the #Oil_Industry will be #WIPED_OUT.
The oil industry is on the #cusp of a process of almost #Total_Decimation that will begin over the next 30 years, and continue through to the next century. That’s the stark implication of a new forecast by a team of #energy_
The #END of the LINE ..
https://www.vice.com/en/article/3aze8j/the-end-of-the-oil-age-is-upon-us
#energy_ #Total_Decimation #cusp #WIPED_OUT #Oil_Industry #Upon_Us #Oil_Age #end #INTERNATIONAL_TECH_NEWS