Gladwyn d’Souza<p><a href="https://www.propublica.org/article/a-setup-for-disaster-california-legislation-requiring-companies-to-pay-for-oil-and-gas-well-cleanup-in-limbo" target="_blank" rel="nofollow noopener noreferrer" translate="no"><span class="invisible">https://www.</span><span class="ellipsis">propublica.org/article/a-setup</span><span class="invisible">-for-disaster-california-legislation-requiring-companies-to-pay-for-oil-and-gas-well-cleanup-in-limbo</span></a> </p><p><a href="https://sfba.social/tags/regulatorycapture" class="mention hashtag" rel="tag">#<span>regulatorycapture</span></a> starts with <a href="https://sfba.social/tags/weakoversight" class="mention hashtag" rel="tag">#<span>weakoversight</span></a>: bonds, which are financial instruments guaranteeing to pay for cleanup, cover only a tiny fraction of plugging and decontamination cost. </p><p><a href="https://sfba.social/tags/FinancingCarbonBombs" class="mention hashtag" rel="tag">#<span>FinancingCarbonBombs</span></a></p>