Colorado’s costs to plug abandoned oil and gas wells shifting from taxpayers to companies

Nederland Nieuws Nieuws

Colorado’s costs to plug abandoned oil and gas wells shifting from taxpayers to companies
Nederland Laatste Nieuws,Nederland Headlines

Colorado's financial assurance rule is holding oil and gas companies more accountable for cleanup costs. via AAlbaladejo

  • 📰 DenverChannel
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

DENVER — The deadly explosion in Firestone a few years ago is a tragedy Colorado never wants to relive. Two men died because of an old, leaky gas line left uncapped by the company after the well stopped producing.

The new rules could help protect Coloradans’ health, safety and the state's natural beauty, without taxpayers having to foot the bill, Leathwood said. Kait Schwartz, who directs Colorado’s chapter of the American Petroleum Institute, a trade association representing the oil and natural gas industry, said companies are mostly on board with the rules so far.

As Colorado moves to hold companies accountable for more of the costs of capping old wells, the federal government is making similar rules.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

DenverChannel /  🏆 239. in NL
 

Nederland Laatste Nieuws, Nederland Headlines



Render Time: 2025-01-13 11:11:57