"'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.'"
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.
Media Highlight from Bloomberg Green — June 29, 2021
Report — Jul 20, 2020
Green Stimulus for Oil and Gas Workers: Considering a Major Federal Effort to Plug Orphaned and Abandoned Wells
This paper, a joint effort between Resources for the Future and the Center on Global Energy Policy at Columbia University, examines the potential to boost US employment in the oil and gas workforce while also reducing pollution through a federal program to plug orphaned and abandoned oil and gas wells.