You are here

Petrochemical

Fracking Causing Rise in Methane Emissions, Study Finds

           

The boom in fracking for shale gas has dramatically increased global methane emissions. Photograph: Andrew Burton/Getty Images

CLICK HERE - STUDY - Ideas and perspectives: is shale gas a major driver of recent increase in global atmospheric methane?

Researchers say boom in shale oil and gas major contributor to climate emergency

theguardian.com - by Jillian Ambrose - August 14, 2019

The boom in the US shale gas and oil may have ignited a significant global spike in methane emissions blamed for accelerating the pace of the climate crisis, according to research . . .

. . . Researchers had previously assumed the “non-traditional” methane was from biological sources such as cows and wetlands, but the latest research suggests unconventional oil and gas from fracking may be playing a significant part.

The theory would support a correlation in the rise of methane in the atmosphere and the boom in fracking across the US over the last decade . . .

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

More Than 300 Local Officials From 40 States Call For Green New Deal, End Of Fossil Fuels

           

Workers install solar panels.  Associated Press

The open letter includes a signature from a former high-level Mobil Oil executive.

CLICK HERE - Elected Officials to Protect America - Empowering lawmakers to act boldly on climate

huffingtonpost.com - by Alexander C. Kaufman - December 14, 2018

In a little over a month, the so-called Green New Deal has won endorsements from more than three dozen sitting or incoming federal lawmakers as Rep.-elect Alexandria Ocasio-Cortez (D-N.Y.) makes a high-profile bid to shift debate over climate change toward policy on the scale of the crisis. 

On Friday, the effort got a boost from 311 state and local officials.

Forty-four mayors, 63 county and state legislators and 116 city council members were among the officials from 40 states ― including some top oil and gas producers ― who signed an open letter issuing a sweeping, full-throated call for the phaseout of fossil fuels and adoption of Green New Deal-style climate policies.

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

More Americans View Climate Change as 'Imminent' Threat

           

FILE PHOTO: Vapor is released into the sky at a refinery in Wilmington, California March 24, 2012. REUTERS/Bret Hartman/File photo

reuters.com - by Maria Caspani - December 13, 2018

A growing percentage of Americans see climate change as an “imminent” threat driven mainly by human activity, and more than two-thirds want Washington to work with other nations to combat it, according to a Reuters/Ipsos poll released on Thursday . . . 

. . . The survey came close on the heels of a U.S. government report released last month that said climate change will cost the U.S. economy hundreds of billions of dollars by the end of the century, undermining health, infrastructure, and industries from farming to energy production.

(CLICK HERE - READ COMPLETE ARTICLE)

 

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

Rioting Engulfs Paris as Anger Grows Over High Taxes

           

Protesters demonstrate against rising costs of living they blame on high taxes near the Arc de Triomphe on the Champs-Elysees avenue in Paris on Dec. 8, 2018.  Sameer Al-Doumy/ AFP/Getty Images

chicagotribune.com - apnews.com - by ELAINE GANLEY and JOHN LEICESTER - December 8, 2018

The rumble of armored police trucks and the hiss of tear gas filled central Paris on Saturday, as French riot police fought to contain thousands of yellow-vested protesters venting their anger against the government in a movement that has grown more violent by the week . . . 

. . . Amid the melee, President Emmanuel Macron remained invisible and silent, as he has for the four weeks of a movement that started as a protest against a gas tax hike and metamorphosed into a rebellion against high taxes and eroding living standards . . .

. . . Macron on Wednesday agreed to abandon the fuel tax hike, which aimed to wean France off fossil fuels and uphold the Paris climate agreement. Many economists and scientists say higher fuel taxes are essential to save the planet from worsening climate change, but that stance hasn't defused the anger among France's working class.

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

Swiss Re No Longer Offers Re/Insurance to Firms with More Than 30% Coal Exposure

           

CLICK HERE - Swiss Re - News Release - Swiss Re establishes thermal coal policy to support transition to a low-carbon economy (4 page .PDF file)

insurancejournal.com - July 3, 2018

Swiss Re announced it no longer is providing re/insurance to businesses with more than 30 percent exposure to thermal coal across all lines of business.

The thermal coal policy applies to both existing and new thermal coal mines and power plants, and is implemented across all lines of business and Swiss Re’s global scope of operations.

This move marks the implementation of Swiss Re’s thermal coal policy announced in June 2017, which aims to manage carbon-related sustainability risks and support the transition to a low-carbon economy, the company said in a statement.

(CLICK HERE - READ COMPLETE ARTICLE)

ALSO SEE RELATED ARTICLE HERE - Swiss Re limits thermal coal coverage

 

 

 

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

How Storms, Missteps and an Ailing Grid Left Puerto Rico in the Dark

           

A transmission tower and downed lines in the mountainous terrain of eastern Puerto Rico. Workers from the island and throughout the United States have worked to restore power after Hurricanes Irma and Maria last September.

It took months to restore electricity in Puerto Rico after hurricanes dealt a one-two punch. Many homes are still without power, and the system’s future is far from certain.

nytimes.com - by JAMES GLANZ and FRANCES ROBLES - Photographs by TODD HEISLER - May 6, 2018

 . . . After Maria and the hurricane that preceded it, called Irma, Puerto Rico all but slipped from the modern era . . .

 . . . an examination of the power grid’s reconstruction — based on a review of hundreds of documents and interviews with dozens of public officials, utility experts and citizens across the island — shows how a series of decisions by federal and Puerto Rican authorities together sent the effort reeling on a course that would take months to correct. The human and economic damage wrought by all that time without power may be irreparable.

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

Sea Levels to Rise 1.3m Unless Coal Power Ends by 2050, Report Says

           

The extra contribution to sea level rise from Antarctica will not kick in if warming is kept at less than 1.9C above preindustrial levels, the researchers found. Photograph: IceBridge/Nasa

University of Melbourne paper combines latest understanding on Antarctica and current emissions projection scenarios

CLICK HERE - Linking sea level rise and socioeconomic indicators under the Shared Socioeconomic Pathways

theguardian.com - by Michael Slezak - October 26, 2017

Coastal cities around the world could be devastated by 1.3m of sea level rise this century unless coal-generated electricity is virtually eliminated by 2050, according to a new paper that combines the latest understanding of Antarctica’s contribution to sea level rise and the latest emissions projection scenarios.

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

Nation's largest oil refinery forced to shut down as Harvey floods Port Arthur

money.cnn.com - Julia Horowitz and Jill Disis - August 30th 2017

The largest oil refinery in the country is shutting down as Hurricane Harvey causes more catastrophic flooding, and more have followed suit.

Early Wednesday, Motiva said it started closing its Port Arthur refinery "in response to increasing local flood conditions." The plant won't open until flood waters recede.

(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

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.

(VIEW COMPLETE ARTICLE)

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

Planet Has Just 5% Chance of Reaching Paris Climate Goal, Study Says

Researchers find that economic, emissions and population trends point to very small chance Earth will avoid warming more than 2C by century’s end

       

Environmental activists protest Donald Trump’s decision to exit the Paris climate accords, which set a goal of avoiding warming beyond 2C. Photograph: Scott Olson/Getty Images

CLICK HERE - RESEARCH - Nature Climate Change - Less than 2 °C warming by 2100 unlikely

CLICK HERE - RESEARCH - Nature Climate Change - Future global mortality from changes in air pollution attributable to climate change

theguardian.com - by Oliver Milman - July 31, 2017

There is only a 5% chance that the Earth will avoid warming by at least 2C come the end of the century, according to new research that paints a sobering picture of the international effort to stem dangerous climate change.

Global trends in the economy, emissions and population growth make it extremely unlikely that the planet will remain below the 2C threshold set out in the Paris climate agreement in 2015, the study states.

Country / Region Tags: 
General Topic Tags: 
Problem, Solution, SitRep, or ?: 

Pages

Subscribe to Petrochemical
howdy folks