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Pennsylvania has already received the first $25 million payment from the so-called infrastructure bill, a down payment on what will eventually be $330.6 million (see PA Receives First $25M (Out of $104M) to Plug Orphaned Wells). The money will be used to plug old abandoned and orphaned oil and gas wells across the state. However, even the eventual $330 million will not be enough to plug an estimated, mind-blowing 560,000 abandoned wells in the Keystone State. Pennsylvania State Senator Gene Yaw has an ingenious proposal to help fund even more well plugging--by using Solar Renewable Energy Credits, or SRECs.
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