How do we dismantle offshore oil structures without making the public pay?

As pressures build for the energy industry to move away from fossil fuels, two new reports examine the risk that fossil-fuel companies will default on future obligations to decommission offshore oil and gas infrastructure and pass the costs on to the public. The reports lay out recommendations to avoid such a scenario. They were just published by the Sabin Center for Climate Change Law and the Columbia Center on Sustainable Investment (CCSI), as part of their broader Climate Law and Finance Initiative.

from Energy & Green Tech News - Energy Sciences News, Green Tech, Energy, Energy Science https://ift.tt/2kvxCB7

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