financial liability

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EV makers on the verge of a shakeout

EV makers on the verge of a shakeout, experts say

Analysts say financial results from Rivian, Fisker, Lucid and others suggest some companies will emerge as clear winners, while others will fade away.
 NH House Burgess biomass bill
PSNH/ Flickr

In a NH House committee hearing on Burgess biomass bill, legislators look toward long-term solutions

House Republican Michael Vose said an amendment would give leaders the time to try to come up with a long-term fix for the biomass plant.
Oil companies to foot $7.2 billion cleanup bill in Gulf of Mexico
www.wsj.com

Oil companies are ordered to help cover $7.2 billion cleanup bill in Gulf of Mexico

Following a bankruptcy case, large oil producers will have to foot some of the costs of capping and abandoning Gulf of Mexico wells they used to own.
Enbridge Great Lakes pipeline risk
apnews.com

Whitmer: Enbridge dodging responsibility for potential spill

Michigan Gov. Gretchen Whitmer criticized Enbridge Inc. on Wednesday for refusal to commit to pay for damages caused by a potential oil spill from its pipeline beneath a Great Lakes channel.

Alberta loans industry-funded association $100 million to ‘increase the pace’ of orphan well cleanup
thenarwhal.ca

Alberta loans industry-funded association $100 million to ‘increase the pace’ of orphan well cleanup

As oil and gas companies are increasingly unable or unwilling to properly close down and clean up well sites, the province is stepping in with additional money.

‘A massive liability’: B.C.’s orphan fracking wells set to double this year
thenarwhal.ca

‘A massive liability’: B.C.’s orphan fracking wells set to double this year

As the tally grows, the province is left with contaminated sites, a leaking wastewater pond and an escalating cleanup bill estimated to be in the hundreds of millions.

Western states face huge cleanup liabilities from coal mining, new report finds
trib.com

Western states face huge cleanup liabilities from coal mining, new report finds

Wyoming has about 83,000 acres of land still unreclaimed by coal companies — by far the most acreage among its Western peers.

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