Fracking Firms Fail, Rewarding Executives and Raising Climate Fears: NYT

Oil and gas companies are hurtling toward bankruptcy, raising fears that wells will be left leaking planet-warming pollutants, with cleanup costs left to taxpayers.

An infrared image last year of an MDC Energy well pad leaking methane (which is invisible to the naked eye). This month, the site has continued to leak gases, government violations show. Credit...Jonah M. Kessel/The New York Times

The day the debt-ridden Texas oil producer MDC Energy filed for bankruptcy eight months ago, a tank at one of its wells was furiously leaking methane, a potent greenhouse gas, into the atmosphere. As of last week, dangerous, invisible gases were still spewing into the air.

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By Hiroko Tabuchi

• Published July 12, 2020Updated July 14, 2020
• #criminalesclimáticosdelacárcel, #jailclimatecriminals, #fracking, #methane gas, #oil companies,