California SB1259 mandates refiners to submit detailed retirement plans for decommissioning and site remediation of refineries.
California SB1259 requires refiners to submit detailed retirement plans for the decommissioning and site remediation of refineries. These plans must include technical descriptions, cost estimates, financial assurances, and workforce needs. The California Environmental Protection Agency (CalEPA) will review these plans for compliance and publish a report assessing the total liabilities for refinery decommissioning and remediation.
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