Biden Administration Announces $660 Million To Plug Abandoned Wells
Over the past century, the fossil fuel industry has made a habit of letting others clean up their messes. Today, the U.S. is dotted with millions of “orphaned wells,” crevices in the earth that companies once used to extract oil and subsequently abandoned once they were no longer considered profitable. But additional help appears to be on the way: This week, the Biden administration announced it would make nearly $660 million in funds from the 2021 bipartisan infrastructure law available to states to plug more of these polluting fissures.
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