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I am not saying there are really no bad or incompetent actors.. but it costs the industry $2 billion per year because of these loses. https://www.nytimes.com/2
by sremani 8y ago
I am not saying there are really no bad or incompetent actors.. but it costs the industry $2 billion per year because of these loses.
https://www.nytimes.com/2018/06/21/climate/methane-leaks.html https://www.nytimes.com/2018/06/21/climate/methane-leaks.htm...
- ceejayoz 8y agoAnd if they could fix that for $1B/year, they'd do so. Instead, you can find industry groups quoted in that article complaining about the study.
- mirimir 8y agoThe problem is that, given the greenhouse forcing, those leaks will arguably cost society much more than a few $billion per year. It's just that the gas industry isn't legally responsible for that. And that's why they don't want to stop the leaks.
- dmichulke 8y agoMany companies don't do shit as long as they operate with a profit. What happens often is that s small player seizes the opportunity and then gets bought. Maybe there are regulations that keep smaller and / or separate entities from acting in this regard.