{"id":4752,"date":"2023-09-08T10:11:00","date_gmt":"2023-09-08T02:11:00","guid":{"rendered":"https:\/\/aseanoffshore-decom.org\/?p=4752"},"modified":"2023-10-08T09:36:19","modified_gmt":"2023-10-08T01:36:19","slug":"how-do-we-dismantle-offshore-oil-structures-without-making-the-public-pay","status":"publish","type":"post","link":"https:\/\/research.utm.my\/asean-decommission\/2023\/09\/08\/how-do-we-dismantle-offshore-oil-structures-without-making-the-public-pay\/","title":{"rendered":"How Do We Dismantle Offshore Oil Structures Without Making the Public Pay?"},"content":{"rendered":"\n<p>As pressures build for the energy industry to move away from fossil fuels, two new reports examine the risk that fossil-fuel companies will default on future obligations to decommission offshore oil and gas infrastructure and pass the costs on to the public. The reports lay out recommendations to avoid such a scenario. They were just published by the Sabin Center for Climate Change Law and the Columbia Center on Sustainable Investment (CCSI), as part of their broader Climate Law and Finance Initiative.<\/p>\n\n\n\n<p>More than 12,000 offshore oil and gas installations straddle the globe, and industry analysts anticipate annual offshore oil and gas investments to reach $173 billion by 2024.<\/p>\n\n\n\n<p><strong>News article on 6 September 2023 by MARTIN LOCKMAN AND MARTIN DIETRICH BRAUCH<\/strong> from <em>news.climate.columbia.edu<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p>For further reading, please visit <em>news.climate.columbia.edu<\/em> >> <a href=\"https:\/\/news.climate.columbia.edu\/2023\/09\/06\/how-do-we-dismantle-offshore-oil-structures-without-making-the-public-pay\/\" target=\"_blank\" rel=\"noreferrer noopener\">How Do We Dismantle Offshore Oil Structures Without Making the Public Pay?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As pressures build for the energy industry to move away from fossil fuels, two new reports examine the risk that fossil-fuel companies will default on future obligations to decommission offshore oil and gas infrastructure and pass the costs on to the public. The reports lay out recommendations to avoid such a scenario. They were just [&hellip;]<\/p>\n","protected":false},"author":13006,"featured_media":4753,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[12,22],"tags":[],"class_list":["post-4752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-worldwide"],"_links":{"self":[{"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/posts\/4752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/users\/13006"}],"replies":[{"embeddable":true,"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/comments?post=4752"}],"version-history":[{"count":1,"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/posts\/4752\/revisions"}],"predecessor-version":[{"id":4754,"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/posts\/4752\/revisions\/4754"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/media\/4753"}],"wp:attachment":[{"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/media?parent=4752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/categories?post=4752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/tags?post=4752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}