Oil companies are some of the scummiest scumbags there are. I hate them.
this post was submitted on 03 Mar 2024
300 points (100.0% liked)
News
23014 readers
1 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
Like billionaires, the fact that they still exist at all is a colossal failure of political policy. And also like billionaires, the reason is that corruption is baked into the system and they hand out hefty legal bribes to politicians.
They result in billionaires. Oil investments are pretty safe for the foreseeable future sadly.
And yet we spend billions of dollars subsidizing them every year.
If Congress want to go ahead and vote themselves, say, a double salary raise, in exchange for no longer subsidizing any oil company anywhere for the rest of time, I am OK with that.
They've known for at least 50 years that their product is destroying the planet.
Yet the plundering never stops.
It is not possible to be running an oil company ethically at this point. If you're working in the industry, you're one of the baddies.
Before even reading the story I knew what it was going to be. Read about the same shit happening in Texas.
And what do you know, it’s a fucking Texas based company involved.
Alberta has joined the conversation.
Oh man! I was just about to say Texas! Oklahoma has its own version of this scheme. These oil companies, they absolutely do not want to pay decommissioning cost on this and they’ll use every trick they can find to avoid it as long as possible.
Coal industry does roughly the same thing just different tricks. Everyone in the fossil fuel industry looking to get out of that whole “what comes next” problem.
But can’t say much, recycling solar is nascent and hardly done at this point but the whole solar industry is brand new so hard to draw a conclusion there. Same for wind, most do eventually get landfill but there is interest at least in recycling, so we’ll have to see how that plays out.
But the energy sector in general seems to always want to skirt the costs at the end of operation, never calculating the full cost into the revenue stream. Stop paying the execs so much and hold some of that cash back for clean up time. You know it’s coming, the responsible thing is to not act all shocked that clean up time has come and file bankruptcy. Execs that do this ought to be shot.
Sure, but solar spills don't exist. Sure, it's trash if it isn't recycled but these wells leak shit.
Companies whose bankruptcy requires hazmat or similar cleanup should be required to post bond to cover it.