Oil Change International

Exposing the true costs of fossil fuels

Posts in Carbon Capture

  • Sign-on Letter: Oppose Expanding the 45Q Tax Credit for Oil, Gas and Coal Companies

    Organizations from frontline communities - where Americans that are most impacted by climate change and the fossil fuel industry live - and organizations working in solidarity with them, are urging lawmakers to reject the FUTURE Act (S.1535) and the Carbon Capture Act (H.R.1379) - and to oppose its inclusion in a tax policy package.
  • Sign-on Letter: No Subsidies for Enhanced Oil Production

    More than 30 environmental, public health, consumer, and climate groups delivered a letter to members of Congress in opposition to the FUTURE Act (S.1535) and Carbon Capture Act (H.R.3761) - and any attempts in a tax policy package to extend or expand subsidies for enhanced oil production.
  • 45q-analysis-header

    Expanding Subsidies for CO2-Enhanced Oil Recovery: A Net Loss for Communities, Taxpayers, and the Climate

    This analysis explores the oil production, carbon emissions, and taxpayer cost implications of the proposed changes to Section 45Q in the U.S. tax code in S.1535 and H.R.3761.
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    Expanding Subsidies for CO2-Enhanced Oil Recovery: A Net Loss for Communities, Taxpayers, and the Climate

    Communities in Houston, Florida, Louisiana, Puerto Rico, and California are just beginning the long road to recovery from disasters made worse by climate change. It would seem downright irresponsible to increase taxpayer handouts to spur fossil fuel production at a time like this. But that’s exactly what’s being proposed in Washington.
  • King Coal Crumbles ..

    Environmental activists across the globe are celebrating this morning after the energy giant E.On shelved its controversial plans for a new coal fired power station at Kingsnorth in Kent in the UK. Blaming the recession and not the sustained three-year campaign to stop it, E.ON, said the fall for electricity had caused it to re-think.
  • Shell Enters British CCS Race

    Twelve years ago the oil giant Shell announced it had established a fifth core business – called Shell International Renewables or SIR- which was designed to exploit the growing renewable market. Over a decade later, the oil company has beat a humiliating retreat out of the main renewable market. In March this year Shell came...
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  • New King Coal

    Much to the utter dismay of climate scientists, the British Government is to announce a new generation of coal-fired power plants to stave off a potential energy crisis. The plants will also use unproven carbon capture and storage (CCS) technology to try and pump CO2 emissions under the sea. Each CCS could cost more than...
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  • Shell Dumps Wind and Solar

    Politicians may be talking about a “Green New Deal”, and how environmental technologies will kick-start the economy out its current crisis, but one of the world’s largest oil companies does not agree. In a hugely important decision, which will have serious ramifications for both the company and wider energy debate, Shell has said that it...
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  • Gore: Its Time for Direct Action

    Two weeks ago a jury in Britain ruled that it is acceptable to break the law if you are protesting against climate change. They acquitted six Greenpeace protestors who had been charged with $70,000 worth of criminal damage after painting the side of the controversial Kingsnorth coal-fired powered station. Now Al Gore, the former vice...
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  • World Bank’s “Slightly Cleaner Technology Fund”

    At a briefing today on the Stategic Framework on Climate Change and Development, a World Bank official conceded that the proposed “Clean Technology Fund” might better be called the “Slightly Cleaner Technology Fund,” but said she would not go so far as to call it the “Dirty Technology Fund.” Addressing Members of the UN Permanent...
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