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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

Fire erupts at hurricane-hit Louisiana chemical plant

(Reuters) - Louisiana Governor John Bel Edwards on Thursday asked residents in three southwestern communities to stay indoors with windows and doors shut as a plume rose from a chemical fire at a chlorine plant in an area hit by Hurricane Laura.

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NY Times: Did Exxon Deceive Its Investors on Climate Change?

In an OP-ED in the New York Times, the director of the Rockefeller Family Fund states that EXXON systematically lied to the public and to its stockholders about the risks of climate change and EXXON's major contributions to the catastrophic damage climate change will inflict on humanity and on biodiversity.  
 
 To read the complete article, see:

https://www.nytimes.com/2019/10/21/opinion/exxon-climate-change.html

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Banks Worth $47 Trillion Adopt New U.N.-Backed Climate Principles

           

Smoke billows during a fire in an area of the Amazon rainforest near Porto Velho, Rondonia State, Brazil, September 17, 2019. REUTERS/Bruno Kelly

CLICK HERE - UN - Principles for Responsible Banking

reuters.com - by Matthew Green - September 22, 2019

Banks with more than $47 trillion in assets, or a third of the global industry, adopted new U.N.-backed “responsible banking” principles to fight climate change on Sunday that would shift their loan books away from fossil fuels.

Deutsche Bank (DBKGn.DE), Citigroup (C.N) and Barclays (BARC.L) were among 130 banks to join the new framework on the eve of a United Nations summit in New York aimed at pushing companies and governments to act quickly to avert catastrophic global warming.

“These principles mean banks have to consider the impact of their loans on society – not just on their portfolio,” Simone Dettling, banking team lead for the Geneva-based United Nations Environment Finance Initiative, told Reuters.

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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 . . .

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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.

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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)

 

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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.

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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

 

 

 

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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.

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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)

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