Posts in CCS
- f passed, Oil Change International’s forthcoming analysis reveals that this legislation would be worth up to $4.5 billion each year to the oil industry, making it the largest single federal handout to the fossil fuel industry.
- Yesterday, Sens. Whitehouse (D-RI), Heinrich (D-ND), Capito (R-WV) and Barrasso (R-WY) introduced the Carbon Capture Utilization and Storage Act, legislation to extend and more than double tax credits to fossil fuel companies for using climate pollution to extract more oil.
- On Monday, we welcomed the first step by the International Energy Agency towards describing how energy would look for the world to meet one of the Paris Agreement goals, to keep warming well below 2°C. Specifically, it looked at emissions being limited enough to give a 2-in-3 chance of staying below 2°C. The report was co-published...
Continue reading 'Why the International Energy Agency Still Gets It Wrong on Fossil Fuels'.
- From the Wyoming coal mines, to the gasification plant in Penwell, to the oilfields of the Permian Basin -- this subsidy spotlight explores the human impact of government subsidies gone haywire.
- All the news reports this morning are that a deal at Copenhagen is dead. Barack Obama has said that we had run out of time to secure a deal in December. This will please the corporate lobbyists no end. The longer they can delay action on climate the better. But now Copenhagen’s iconic mermaid is...
Continue reading 'The Angry Mermaid Strikes Back'.
- At the end of the day energy comes down to economics. Drilling oil out of the deserts of the Middle East is inherently more profitable than boiling them out of Canadian boreal forest. Any deal at Copenhagen will hinge on how much the rich are prepared to pay the poor. There will be no clean...
Continue reading 'The “Corporate Killer” that is Nuclear Power'.
- Headline on the BBC’s flagship radio show, the Today programme at 8.00 AM this morning: 20-odd Greenpeace protestors have spent the night on the House of Commons to highlight the government’s lack of action on climate change. Next headline: a report by the Government’s own advisors on climate change says the government must do more...
Continue reading 'Protestors and Advisors Tell UK Gov to Act on Climate'.
- 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.
- 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...
Continue reading 'Shell Enters British CCS Race'.
- After twelve years in power the British Labour government yesterday outlined what it has deemed a “low carbon transition plan”. Coopting language from the growing Transition Town movement is a crafty tactic by the British government that is promising to reduce greenhouse gas emissions by 34% by 2020 with 80% cut by 2050. Let’s get...
Continue reading 'UK Outlines Flawed “Low Carbon Transition Plan”'.
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