Colorado oil and gas wells can’t fund their own cleanup. Taxpayers may foot the bill

A Carbon Tracker report shows the cost to safely shut down low-producing wells is $3bn more than what they earn

This story is co-published with DeSmog

Thousands of oil and gas wells across Colorado cannot generate enough revenue to cover their own cleanup costs, according to a new report. Unless state officials act simply and quickly", it says, Coloradans can expect to be on the hook for a $3bn shortfall.