alt Hacker NewsThis kind of thing seems to be pretty core to the oil industry business model. In the US when they don't want to deal with an oil well anymore they have whatever fake shell company owns it declare bankruptcy and then they don't have to deal with cleaning it up (https://www.propublica.org/article/oil-orphan-wells-cleanup-...).
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Spooky23 • today at 2:08 AM
This is a feature of all resource extraction industry. I live in New York - we have 100+ year old oil related hazards in western NY to this day. My folks had a gravel mine near their home that would occasionally cause issues relating to flooding and some sort of contamination that was there.
IMO, these industries need to be heavily taxed if not owned by the government.
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For some industries it seems crazy not to nationalize