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Petrochemicals

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This working group focuses on issues surrounding the extraction, processing, and use of petrochemicals.

This working group focuses on issues surrounding the extraction, processing, and use of petrochemicals.

Members

mdmcdonald

Email address for group

petrochemicals@m.resiliencesystem.org

Global fuel prices jump as Harvey's impact ripples beyond U.S. Gulf

reuters.com - Erwin Seba and Devika Krishna Kumar - August 31st 2017

Tropical Storm Harvey’s impact on the energy industry spread worldwide as flooded U.S. refiners and closed fuel pipelines threatened to squeeze national supply, roiling global fuel markets and rerouting millions of barrels of fuel to the Americas to avert shortages.

The storm, which lashed Louisiana with rain on Thursday, has pummeled the U.S. Gulf Coast, immersing Houston, Texas, and the surrounding area in several feet of water and forcing the closure of about a quarter of U.S. refining capacity.

Benchmark U.S. gasoline prices RBc1 and margins RBc1-Clc1 surged anew on Thursday.

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Just 100 Companies Responsible for 71% of Global Emissions, Study Says

A relatively small number of fossil fuel producers and their investors could hold the key to tackling climate change

           

An oil rig exploring for oil and gas. A new report says more than 50% of global industrial emissions since 1988 can be traced to just 25 companies. Photograph: Dazman/Getty Images/iStockphoto

CLICK HERE - The Carbon Majors Database - CDP Carbon Majors Report 2017 (16 page .PDF report)

the guardian.com - by Tess Riley - July 10, 2017

Just 100 companies have been the source of more than 70% of the world’s greenhouse gas emissions since 1988, according to a new report.

The Carbon Majors Report (pdf) “pinpoints how a relatively small set of fossil fuel producers may hold the key to systemic change on carbon emissions,” says Pedro Faria, technical director at environmental non-profit CDP, which published the report in collaboration with the Climate Accountability Institute.

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France Set to Ban Sale of Petrol and Diesel Vehicles by 2040

           

Hybrid and electric cars, like this Renault, make up about 5% of the French car market - Reuters

bbc.com - July 6, 2017

France is set to ban the sale of any car that uses petrol or diesel fuel by 2040, in what the ecology minister called a "revolution".

Nicolas Hulot announced the planned ban on fossil fuel vehicles as part of a renewed commitment to the Paris climate deal.

He said France planned to become carbon neutral by 2050.

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ALSO SEE RELATED ARTICLE HERE - France to ban sales of petrol and diesel cars by 2040

ALSO SEE RELATED ARTICLE HERE - France to Ban Sales of Gas, Diesel Vehicles by 2040

 

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United States - Russia - Cyber Weapons

In January 1982, President Ronald Reagan approved a CIA plan to sabotage the economy of the Soviet Union through covert transfers of technology that contained hidden malfunctions, including software that later triggered a huge explosion in a Siberian natural gas pipeline.

This week it is being reported that former President Barack Obama authorized the planting of cyber weapons in Russian infrastructure in the final weeks of his presidency in response to Moscow’s interference in the 2016 presidential election. The project, not completed before the end of Obama’s term, reportedly left the weapons in President Trump’s control after he took office.

In 1982 the Soviets were at least a decade behind the West in computers and microelectronics. Since then, the Russians are thought to have caught up with western technology, and might now have the same capabilities as the United States.

If a cyber war of this nature were to break out in the future . . . who would be on the front lines?

Documentation for these occurrences will be posted within the links below, including a summary on the 1982 incident from the C.I.A. . . .

CLICK HERE - Reagan Approved Plan to Sabotage Soviets

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What Happens to Earth if the US Exits the Climate Deal?

           

Credit:  AP Photo/Jim Cole, File

washingtonpost.com - Associated Press - May 27, 2017

 . . . In an attempt to understand what could happen to the planet if the U.S. pulls out of Paris, The Associated Press consulted with more than two dozen climate scientists and analyzed a special computer model scenario designed to calculate potential effects.

Scientists said it would worsen an already bad problem, and make it far more difficult to prevent crossing a dangerous global temperature threshold.

 . . . “The U.S. matters a great deal . . . That amount could make the difference between meeting the Paris limit of two degrees and missing it” . . . 

While scientists may disagree on the computer simulations they overwhelmingly agreed that the warming the planet is undergoing now would be faster and more intense.

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Are Solar and Wind Really Killing Coal, Nuclear and Grid Reliability?

           

Lessons from the Lone Star State: A surge in wind power on the Texas grid didn’t cause reliability problems (and brought down electricity prices) because regulators improved the efficiency of wholesale electricity markets. Sarah Fields Photography/Shutterstock.com

theconversation.com - by Joshua D. Rhodes, Michael E. Webber, Thomas Deetjen and Todd Davidson - May 11, 2017

U.S. Secretary of Energy Rick Perry in April requested a study to assess the effect of renewable energy policies on nuclear and coal-fired power plants.

Some energy analysts responded with confusion, as the subject has been extensively studied by grid operators and the Department of Energy’s own national labs. Others were more critical, saying the intent of the review is to favor the use of nuclear and coal over renewable sources.

So, are wind and solar killing coal and nuclear? Yes, but not by themselves and not for the reasons most people think. Are wind and solar killing grid reliability? No, not where the grid’s technology and regulations have been modernized. In those places, overall grid operation has improved, not worsened.

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Shell Sells Oil Sands Assets as Boss Warns on Clean Energy Challenge

           

An excavator at the Athabasca project near Fort McMurray in Alberta. Shell has cut its interest in the project as part of a retreat from tar sands. Photograph: Mark Ralston/AFP/Getty Images

Carbon-heavy assets offloaded for $8.5bn as company ties 10% of directors’ bonuses to how well it manages emissions

theguardian.com - March 9, 2017

Royal Dutch Shell has agreed to sell most of its carbon-heavy Canadian oil sands assets for $8.5bn (£7bn) as the chief executive warned that the industry risked losing public support without progress towards cleaner energy.

The world’s second largest publicly-traded oil company plans to increase its investment in renewable energy to $1bn (£800m) a year by the end of the decade, Ben van Beurden said on Thursday, although it is still a small part of its total annual spending of $25bn (£20.5bn). 

Shell also said that 10% of directors’ bonuses would be tied to how well it manages greenhouse gas emissions in refining, chemical and upstream operations.

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China Halts Import of North Korean Coal Until End of Year

wsj.com - February 19th 2017 - Chuin-Wei Yap

China banned all coal imports from North Korea starting Sunday, a move that steps up a prohibition Beijing enacted last year and comes as recent actions by Pyongyang test relations between the two allies.

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Trump Will Withdraw From Global Climate Pact, Transition Official Says

Demonstrators protest Donald Trump's climate change stance outside the office of U.S. Senator Charles Schumer (D-NY) in New York, January 9. REUTERS.

Image: Demonstrators protest Donald Trump's climate change stance outside the office of U.S. Senator Charles Schumer (D-NY) in New York, January 9. REUTERS.

newsweek.com - January 30th 2017 - Reuters

The United States will switch course on climate change and pull out of a global pact to cut emissions, said Myron Ebell, who headed U.S. President Donald Trump's Environmental Protection Agency (EPA) transition team until his inauguration.

Ebell is the director of global warming and international environmental policy at the Competitive Enterprise Institute, a U.S. conservative think tank, and helped to guide the EPA's transition after Trump was elected in November until he was sworn in on Jan. 20.

Trump, a climate skeptic, campaigned on a pledge to boost the U.S. oil and gas drilling and coal mining industries by reducing regulation. 

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‘A Conservative Climate Solution’: Republican Group Calls for Carbon Tax

James A. Baker, seen here at former first lady Nancy Reagan’s funeral in March 2016, is a member of the Climate Leadership Council. Despite its impeccable Republican credentials, the group faces long odds with its carbon-tax idea. (Jae C. Hong/Associated Press)

nytimes.com by John Schwartz - February 7, 2017

A group of Republican elder statesmen is calling for a tax on carbon emissions to fight climate change.

The group, led by former Secretary of State James A. Baker III, with former Secretary of State George P. Shultz and Henry M. Paulson Jr., a former secretary of the Treasury, says that taxing carbon pollution produced by burning fossil fuels is “a conservative climate solution” based on free-market principles.

Mr. Baker is scheduled to meet on Wednesday with White House officials, including Vice President Mike Pence, Jared Kushner, the senior adviser to the president, and Gary D. Cohn, director of the National Economic Council, as well as Ivanka Trump.

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