Oil - Pipelines

Fossil Fuel Companies Are Quietly Scoring Big Money for Their Preferred Climate Solution: Carbon Capture and Storage

22/08/21

Author:

Nicholas Kusnetz

Link:

Inside Climate News

Equipment installed as part of the Petra Nova Carbon Capture Project stands at the NRG Energy Inc. WA Parish generating station in Thompsons, Texas, on Thursday, Feb. 16, 2017. The project has since ceased operations indefinitely. Credit: Luke Sharrett/Bloomberg via Getty Images

Aug. 17, 2021

The industry has been pushing through policies devoting billions of dollars to the technology, and much more is likely to come with legislation pending before Congress.

Over the last year, energy companies, electrical utilities and other industrial sectors have been quietly pushing through a suite of policies to support a technology that stands to yield tens of billions of dollars for corporate polluters, but may do little to reduce greenhouse gas emissions.

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Category:

Alberta Oil Output Pushes Past Pre-Pandemic High, Grows 86.2% Since 2010

22/08/21

Author:

The Energy Mix

Link:

The Energy Mix

August 17, 2021

Alberta oil production now exceeds its pre-pandemic high, and has increased 86.2% since 2010, according to new data from the Alberta Energy Regulator and ATB Economics.

The lion’s share of the output—86% —comes from the tar sands/oil sands, CBC reports.

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Category:

Mysterious bacteria found in the Arctic can break down oil and diesel

19/08/21

Author:

Maeve Campbell

Link:

Euro news

Exploration in the Arctic - Copyright Canva

August 16, 2021

Ocean bacteria in the Canadian Arctic is capable of biodegrading diesel and oil, according to a new study.

Scientists at the University of Calgary found “unexpected” microbes in the icy waters of the Arctic which they say would respond well to an oil spill in the region. The study’s findings were published in the Applied and Environmental Microbiology journal.

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Category:

China Is Preparing For Life After Fossil Fuels

16/08/21

Author:

Haley Zaremba

Link:

Oil Price

Aug 15, 2021

The green energy revolution is redrawing the lines of the global geopolitical map and China is fighting to come out on top. While other energy superpowers such as the United States, Saudi Arabia, and Russia have clung to their prodigious oil and gas industries to varying degrees, China has gone all-in on establishing their own energy security and independence, a large portion of which will soon be sourced from clean energy resources.

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Category:

Bankers Eager to Continue Funding Oil and Gas

15/08/21

Author:

Justin Mikulka

Link:

DeSmog

Charging Bull, or the Bull of Wall Street. Credit: htmvalerio, CC BY-NC-ND 2.0

Aug 13, 2021

Comments from a recent energy industry conference reveal major financiers of fossil fuels view environmental and social investing concerns as a trend to “inoculate” against but not a long-term threat to the industry.

“I kind of remind people, I personally think oil is a renewable, it just takes a little bit longer,” said Mari Salazar, senior vice president and manager of Energy Financial Services for BOK Financial, an Oklahoma-based bank that caters to the oil and gas industry.

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Category:

'Alternative' energy and less energy

Canadian Enbridge Company Pays Minnesota Cops $2 Million to Defend Its Line 3 Pipeline From Protests

15/08/21

Author:

Audrey Carleton

Link:

vice.com

DEMONSTRATORS PROTEST LINE 3 PIPELINE. IMAGE: NICOLE NERI/BLOOMBERG VIA GETTY IMAGE

Aug. 9. 2021

Enbridge is funding police who have violently responded to protests of its Line 3 pipeline.

A Canadian Oil company has given Minnesota law enforcement $2 million to fund the policing of protests against construction of its pipeline, Motherboard has learned.

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Category:

Canada’s oil and gas sector filled up on federal COVID emergency cash

13/08/21

Author:

John Woodside

Link:

National Observer

August 13th 2021

At a time when climate science demands a rapid transition off fossil fuels, Ottawa approved more than $1.3 billion for oil and gas companies through the Canada Emergency Wage Subsidy (CEWS).

According to a January 2021 meeting note Canada’s National Observer received through a federal access-to-information request, “over $1.3B has been approved for the petroleum sector companies” as of Oct. 29, 2020 through CEWS.

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Category:

Climate crisis has cost Colorado billions – now it wants oil firms to pick up the bill

12/08/21

Author:

Chris McGreal

Link:

The Guardian

Burned buses at the Colorado Mountain Ranch in the historic town of Gold Hill in the Fourmile Canyon fire area in Boulder, Colorado, attest to the effects of a devastating wildfire, Photograph: Craig F Walker/Denver Post/Getty Images

Aug. 2, 2021

ExxonMobil and Suncor face lawsuits in the western state but big oil’s apologists say the US consumer is to blame for emissions

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Category:

Alberta Blue Ammonia Production Plan to Ship Hydrogen to Asia

12/08/21

Author:

Emma Graney

Link:

The Globe and Mail

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Category:

'Alternative' energy and less energy

Reduce methane or face climate catastrophe, scientists warn

12/08/21

Author:

Fiona Harvey

Link:

The Guardian

Animal farming is one of the activities producing methane, which has a warming potential more that 80 times that of CO2. Photograph: Yves Herman/Reuters

Aug. 6, 2021

IPCC says gas, produced by farming, shale gas and oil extraction, playing ever-greater role in overheating planet

Cutting carbon dioxide is not enough to solve the climate crisis – the world must act swiftly on another powerful greenhouse gas, methane, to halt the rise in global temperatures, experts have warned.

Read the full article.

Category:

Oil - Pipelines

The industry has been pushing through policies devoting billions of dollars to the technology, and much more is likely to come with legislation pending before Congress.

Alberta oil production now exceeds its pre-pandemic high, and has increased 86.2% since 2010, according to new data from the Alberta Energy Regulator and ATB Economics.

Comments from a recent energy industry conference reveal major financiers of fossil fuels view environmental and social investing concerns as a trend to “inoculate” against but not a long-term threat to the industry.

Enbridge is funding police who have violently responded to protests of its Line 3 pipeline.

IPCC says gas, produced by farming, shale gas and oil extraction, playing ever-greater role in overheating planet

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