Follow the Money EUHundreds of abandoned oil and gas platforms remain in the North Sea. Decommissioning would cost billions, postponing the cleanup job helps fossil giants to profit from their assets in the North Sea. #NorthSeaInvestigations
Read the article here. https://www.ftm.eu/articles/north-sea-clean-up-of-rotten-infrastructure-costs-billions-but-no-one-wants-to-pay?&utm_source=mastodon&utm_medium=social&utm_campaign=ENGNoordzeeAfgedankt
North Sea clean up of rotten infrastructure costs billions (but no one wants to pay)
The North Sea is littered with hundreds of drilling platforms, thousands of gas and oil wells and tens of thousands of kilometres of pipelines – all soon to be decommissioned. But whether this fossil graveyard will actually be cleaned up is unclear. An international research team, led by Follow the Money, investigated why and discovered some significant financial and strategic interests. ‘Nobody likes pouring money down the drain.’