Louisiana’s Sinking Coast Is a $100 Billion Nightmare for Big Oil
The state can’t pay, so someone has to. And the water keeps rising.
The oil and gas sector is already losing an average of $14 billion a year to environmental threats to its infrastructure, according to a study by America’s Wetlands Foundation and Entergy Corp. By 2030, those losses could exceed $350 billion.
Climate Change @ Phi Beta Iota