cross-posted from: https://news.abolish.capital/post/42980
The orphan wells trace back to a tangled web of foreign investors, a company based in the British Virgin Islands and a last-ditch effort to sell to a Chinese company for $22M
From The Narwhal via This RSS Feed.
As usual the UCP is all talk and fluff. They’ve been talking about improving this for a long time because it keeps happening and making the news, but they know all they need to do is say they’re working on it and people will forget.
We need to tax these companies more and we need to make them pay for cleanup up front, as other have said. Anything less is doing nothing.