How Last Century's Oil Wells Are Messing with Texas Right Now

A story in Bloomberg Green cites RFF expertise on the backlog of abandoned oil and gas wells in Texas.

View on Bloomberg Green website

Date

June 29, 2021

News Type

Media Highlight

Source

Bloomberg Green

"'There’s this enormous backlog' of abandoned wells, 'and we don’t have financing in place to clean them up,' said Daniel Raimi, a fellow at the non-profit research group Resources for the Future. 'We’ve seen very clearly that existing regulatory structures, particularly at the state level, have not properly incentivized companies to clean up their infrastructure.'"

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Daniel Raimi

Fellow

Daniel Raimi is a fellow and director of the Equity in the Energy Transition Initiative at RFF. He works on a range of energy policy issues with a focus on tools to enable an equitable energy transition.

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