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KassieSiegel proslijedio/la je Tweet
This is a big freaking deal!
@NYCMayor issues executive order stopping new fossil fuel projects in NYC. Huge, huge step to moving NYC#OffFossilFuelspic.twitter.com/161bJy1Tzx
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More: “On the surface CRC looks like your average struggling oil venture. But it raises the question of whether the company was created specifically to offload Occidental’s California cleanup liabilities" -
@ClarkWDerryhttps://ieefa.org/ieefa-report-california-schemin/ …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Bombshell report from
@ieefa_institute@ClarkWDerry on inability of one of CA's largest oil producers to pay for cleanup of its more than 18,000 oil wells in CA.https://ieefa.org/ieefa-report-california-schemin/ …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
KassieSiegel proslijedio/la je Tweet
Stoker's firing was first reported by
@Zhirji28 at@BuzzFeedNews. An@EPA spokeswoman would only tell us 'Mike Stoker is no longer with the Agency. Deb Jordan is the Acting Regional Administrator.'Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
More big news: Stoker out at
@EPAregion9.https://twitter.com/TedrickG/status/1225433106473111552 …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
KassieSiegel proslijedio/la je Tweet
“These liabilities are hiding in plain sight...They’re huge, but somehow they’ve become invisible to us.”
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KassieSiegel proslijedio/la je Tweet
The toxic legacy of old
#oil wells: California’s multibillion-dollar problem. Top-notch reporting by@MarkOlaldehttps://www.latimes.com/projects/california-oil-well-drilling-idle-cleanup/ …Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
This is why more than 750 orgs in
#LastChanceAlliance are calling on@CAgovernor@GavinNewsom to:
STOP new fossil fuel permits for our climate future
DROP existing oil production + make a #JustTransition
ROLL out a 2500 ft buffer to protect communitiesPrikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Per "Times/Public Integrity analysis, more than 2 million Californians live within that distance of an unplugged oil or gas well, with Latino, black and low-income people [at higher rates than] California population as a whole. Half of those 2 million people reside in Los Angeles
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"People living near unplugged oil and gas wells face exposure to cancer-causing chemicals, and toxic residue brought up by drilling below Earth’s surface can contaminate aquifers that could become future drinking water supplies."
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State Senator Hannah Beth Jackson (
@SenHannahBeth) on oil companies in California: “All they want to do is rape the land and leave. They are taking the resources of California, monetizing them and leaving us with the mess.”Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
@ClarkWDerry@ieefa_institute compared CRC’s situation to short-lived coal companies that took on high levels of liability in recent years as they spun off from major producers that were financially hurting. “Those were companies that to all appearances were designed to fail.”Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
CRC was born in 2014 when Occidental Petroleum Corp. packaged its California assets and spun them off as a new company, shedding millions of dollars in environmental liability for Occidental in the process." CRC has CCC+ credit rating - "steps above default."
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"One of the state’s largest producers, California Resources Corp. [(CRC)], is responsible for the third-most idle wells of any company in the state and faces cleanup costs that far outstrip its total market value. CRC and its subsidiaries operate more than 17,000 unplugged wells.
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"The result is a yawning gap between what the industry has provided and what ultimately will be needed. Companies have given the state only $110 million to clean up the state’s onshore oil and gas wells, the council found." But the total cost will be billions.
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Times/Public Integrity investigation found CA's largest drillers post average bonds of $230, compared to $40,000 and $152,000 average per-well cost for capping wells & dismantling associated infrastructure, according to CCST report.https://biologicaldiversity.org/w/news/press-releases/report-550-million-needed-plug-abandoned-california-oil-gas-wells-2020-01-24/ …
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CA's "oil industry is in decline, which increases the chances that companies will go out of business. That... could leave the state with the costs for cleaning up their drilling sites, which if left unremediated can contaminate water supplies and waft fumes into people’s homes.
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"Across much of California, fossil fuel companies are leaving thousands of oil and gas wells unplugged and idle, potentially threatening the health of people living nearby and handing taxpayers a multibillion-dollar bill for the environmental cleanup."
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Thread on huge story from
@latimes@MarkOlalde@ryanvmenezes The toxic legacy of old oil wells: California’s multibillion-dollar problem https://www.latimes.com/projects/california-oil-well-drilling-idle-cleanup/iframe/ …Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
KassieSiegel proslijedio/la je Tweet
Just like objects in the mirror, it's easy for models to underestimate the impact of government subsidies on fossil fuel production. Read
@SEI_Erickson@harrovanasselt@PeterJNewell@NaomiOreskes@GeoffreySupran D Koplow in@nature https://buff.ly/2SpyXPM https://buff.ly/3bethRr pic.twitter.com/XgMNEpjaQN
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