Post Tagged with: "carbon emissions"

Source: Reuters

Oil giants including Exxon set first joint carbon target

Reuters


LONDON – A group of the world’s top oil companies, including Saudi Aramco, China’s CNPC and Exxon Mobil, have for the first time set goals to cut their greenhouse gas emissions as a proportion of output, as pressure on …

Source: CNBC

The coronavirus crisis means we may have already reached peak carbon

CNBC


The coronavirus crisis will likely lead to the largest ever decline of global carbon emissions on record, according to research from Goldman Sachs, illuminating the potential for a long-term low carbon recovery.

The Covid-19 outbreak has meant countries around

Chevron Starts Burying CO2 off Australia at Huge Gorgon Storage Project

Chevron Starts Burying CO2 off Australia at Huge Gorgon Storage Project

From Reuters


Chevron Corp (CVX.N) said on Thursday it has launched one of the world’s largest carbon capture and storage projects, injecting CO2 into a deep reservoir under an island off Western Australia at its Gorgon LNG project.

The carbon …

D.C. Court Delays Clean Power Plan Hearing by more than Three Months

D.C. Court Delays Clean Power Plan Hearing by more than Three Months

D.C. court makes rare decision to bypass three-judge panel for Clean Power Plan review

In an unusual move, the D.C. Circuit Court of Appeals announced that oral arguments to assess the merits of the EPA’s Clean Power Plan will now …

Power Sector Carbon Dioxide Emissions Hit 27-Year Low

Power Sector Carbon Dioxide Emissions Hit 27-Year Low

Carbon emissions from the power sector at lowest level since 1988

Electrical Power Sector Carbon Emissions

The electric power sector emitted 128 million metric tons of carbon dioxide (MMmt CO2) in April 2015, according to information from the Energy Information Administration (EIA). This …

August 5, 2015 - 12:26 pm Chart of Week, Oil and Gas 360 Articles
EPA Raises Emissions Reduction Goal by 2% in Final Clean Power Plan

EPA Raises Emissions Reduction Goal by 2% in Final Clean Power Plan

Latest version of the bill offers greater flexibility with higher standards

The Environmental Protection Agency (EPA) released its final version of the Clean Power Plan (CPP) today, with several changes made from the last version. The final version of the …

Enhanced Oil Recovery Can Reduce World’s Carbon Emissions:  Western Governors

Enhanced Oil Recovery Can Reduce World’s Carbon Emissions: Western Governors

For every 2.5 barrels of oil produced, it is estimated that a typical commercial enhanced oil recovery (EOR) project can safely prevent one metric ton of CO2 from entering the atmosphere

As of 2014, approximately 13.6 million metric tons of

Six European Oil Majors Petition the UN to Instate a Carbon Tax

Six European Oil Majors Petition the UN to Instate a Carbon Tax

Yes, you read that correctly

A group of the world’s largest oil companies is calling for the United Nations to issue a carbon tax on hydrocarbon development.

All based in Europe, the six chief executives who were signatories to the …

June 10, 2015 - 7:03 pm Oil and Gas 360 Articles
EPA Chief Fires Back

EPA Chief Fires Back

“President has the best interests of the EPA in mind”

After mid-term elections that saw the Senate change hands from the Democrats to the Republicans and increased the GOP’s representation in the House, many in the GOP are saying the …

November 19, 2014 - 7:23 pm Oil and Gas 360 Articles, Politics & Opinions
Europe’s No-Carbon Electricity Share Grows to 56%

Europe’s No-Carbon Electricity Share Grows to 56%

Nuclear and Hydro are Top Carbon-free Sources

Europe’s share of electricity from sources that generate little or no carbon dioxide is now at 56%, according to the EIA. France, Iceland, Norway, Sweden, and Switzerland top the list of European …

September 23, 2014 - 5:32 pm Oil and Gas 360 Articles

Reporting Live From the EPA Hearing on Proposed Carbon Dioxide Rules

It was a cold, rainy day in downtown Denver when an Oil & Gas 360® reporter was greeted in the bathroom at the EPA office building: “Lovely weather out there, huh? Even God’s saying there’s a carbon problem!”


The U.S. …

The EPA’s CO2 Rules: More Gas-Fired Generation Plants, Other Remedies

The EPA’s CO2 Rules: More Gas-Fired Generation Plants, Other Remedies

Last month, the U.S. Environmental Protection Agency (EPA) released its proposed Clean Power Plan, which plans to lower carbon dioxide (CO2) emissions by 30% by 2030, compared to 2005 levels. The U.S. levels in 2013 were 10% below those of …

Australia Becomes First Developed Nation to Repeal Carbon Tax

Australia Becomes First Developed Nation to Repeal Carbon Tax

AI-CJ753_AUSCAR_G_20140717033604Australia’s Senate has voted 39-32 to repeal the carbon tax that went into effect in July 2012, the Wall Street Journal reported today. Australian voters turned against climate laws in the wake of high unemployment and rising energy costs.

“The …

July 17, 2014 - 5:33 pm Oil and Gas 360 Articles

Supreme Court Supports the Constitution but the EPA Retains Its Power to Curb Carbon Emissions

On Monday, June 23, the Supreme Court ruled against the Environmental Protection Agency’s (EPA) expansion of authority for the first time in years.

The case was Utility Air Regulatory Group v. Environmental Protection Agency et al. A major part …

June 24, 2014 - 5:28 pm Oil and Gas 360 Articles, Regulatory