Submitted by geoxol t3_10mxvt4 in technology
r3dk0w t1_j66wi9l wrote
Reply to comment by afishda in What happens if the largest owner of oil and gas wells in the US goes bankrupt? by geoxol
This is exactly what happens. The bankrupt subsidiary dissolves leaving the EPA or another government organization to clean up the mess.
We all pay for the cleanup through taxes and the oil companies get all of the benefits through profits and lack of responsibility.
afishda t1_j66ygi1 wrote
Good old capitalism only stands for today's profits!
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