All solutions that leave the wellhead intact and easily put back into service instead of just STOPPING it first and worrying about re-tapping later.
I'm fine with them trying to protect their investment, but I'm not fine with them doing so while their actions/in-actions are actively harming others.
Their total costs in cleanup and reparations to those property/business owners along the coast will exceed the cost of having to re-tap the well.
Public relations aside, how is that "smart" business?
They have said from the beginning that they intend on plugging the initial well. No one in their right mind would produce through a well that has a compromised cement job across their liner. The replacements wells are intended to be actual producers.