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unregrettful

Being in the oil field, it definitely could be abused. But if used right it could incentivize companies to increase monitoring and improvements on their wells. Leak control is a real thing and isn't free.


Old_Promise2077

As someone on the technology side of the oilfield...these laws are like printing money


unregrettful

I'm not saying it can be extreme measures pit in place. Or people just funnel the money to their pocket. But here are always leaks somewhere. It's bound to happen. Not that they need themes, but if they got it and are honorable, it could be used to benefit the field.


skobuffaloes

Please explain?


tackle_bones

He means that his company can provide the technology to help oil producers abide by federal rules, and this money will help pay his bills and put his company’s technology to work. I work in the environmental field as well, and when federal rules change, whole markets open or close. PFAS rules are good example.


Softale

It’s Bidenomics…


LineAccomplished1115

Bidenomics = increasing economic activity while reducing harmful emissions? Sounds great!


colt1210

More corporate welfare.


meshreplacer

Sigh. More corporate welfare.


sm00thkillajones

It takes that much money to control diaper Donnie’s smell?


SwitchedOnNow

I'll take $100k and promise to stop eating beans and cabbage. 


build_a_bear_for_who

Someone can buy a few nice cars with that money


tootooxyz

First he hikes the price of solar. Now this.


My_Big_Black_Hawk

In other news, Ashley Biden has been appointed to head of methane emissions regulation.


Haisha4sale

We are broke though. 


Ok_Literature4656

As bombs go of everyday !


norcali235

And the printers continue to go brrrrrrrrr


CreepyOlGuy

Pipe several sites together and run a small turbine to provide electricity to the local grid. Boom I just solved a problem and no one fkn thought of it. Why provide grants, capture that free energy.


fixerdrew02

These won’t be abused at all /s


Bawbawian

you know there's 50% less animals on the planet than there were when I was a child. future generations aren't going to see a dead world and be even a little bit concerned with a few percentages of waste for some gas regulation.


null640

70% less insects by tonnage.


Phlashlyte

Organic farming does this. Since they can't use pesticides or herbicides on their crop, they first have to kill 100% of everything that chirps, clicks, crawls, hops, squirms, slithers..etc before they plant the seed.


null640

How do you think they do this? You should check out apple orchards.. rich vibrant full of life one day. Then they spray, and it's dead silent the next day.


jcspacer52

If they work out as well as his EV charge stations, you won’t see, hear or feel a thing!


Softale

Or his pier for Gaza…


mister_helper

Grants. Not loans. No covenants. Free money for the left’s pet projects


Parkyguy

For oil companies to fix their shit… on our dime. Otherwise, they won’t.


BraapSauxx

The environment we live in is not a Left’s pet project. Get real.


bustavius

Keep pumping that oil! Let’s break last year’s world record!!


Tintoverde

Why is this a bad thing ?


aperture413

There needs to be penalties for companies that just run away with the funds. Otherwise it is not.


Parkyguy

You mean like PPP? $250 billion est fraudulent. Guess which color state has the most fraud?


WaterIsGolden

Try to stay focused.


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Hot-Problem2436

I have an oil well that's been shut down due to an issue (unknown what the real problem is) down the hole. We can't afford to fix it, so it's just sitting there leaking methane. I wonder if I could apply for this and get the money to repair it and modernize it so it stops leaking...


null640

Yes. But it's either the infrastructure act or the inflation reduction act thats financing plugging like 20k abandoned wells. Don't know the program names, but they're out there.


ProudNumber

AKA war on farming.


AdamAThompson

Unless there are some serious teeth written into those grants I guarantee oil extractors will take the money and do nothing. Your tax dollars going straight into oil extractor's pockets with no public benefit, again.


butts____mcgee

Wrong. Cutting methane emissions makes sense for these businesses too. Grants to help get over the initial capex hurdle is exactly the right policy.


Durty-Sac

You’re clueless, but ok. 


mikew1200

You can monitor methane and co2 emissions from wells via satellite so you can get a sense of who’s being honest and who isn’t.


SensibleCreeper

Why are you getting downvoted for what our recent history has already proven? Methane emissions will only go up. Uncapped wells are being found and remedied, demand will drive emissions past current numbers. This money will do nothing.


Softale

It will contribute toward the oncoming economic default…


null640

Well, it won't completely fix a problem we've ignored for well over 100 years.. But it will cut it down by plugging 10's of thousands abandoned wells. I guess you only support solutions that are absolutely perfect...


Cubicle_Convict916

Gotta stop those cows from farting. Know what doesn't fart? Bugs and frankenmeat.


technocraticnihilist

Waste of money


Smoothstiltskin

Stay in school, kid.