Showing posts with label #FossilFuels. Show all posts
Showing posts with label #FossilFuels. Show all posts

Sunday, October 24, 2021

Plastic industry pollution to overtake coal in US by 2030, report says

Smoke billows from one of many chemical plants near Baton Rouge, La. 'Cancer Alley' is one of the most polluted areas of the US and lies along the once pristine Mississippi River that stretches some 80 miles from New Orleans to Baton Rouge, where a dense concentration of oil refineries, petrochemical plants, and other chemical industries reside alongside suburban homes.

Enlarge / Smoke billows from one of many chemical plants near Baton Rouge, La. ‘Cancer Alley’ is one of the most polluted areas of the US and lies along the once pristine Mississippi River that stretches some 80 miles from New Orleans to Baton Rouge, where a dense concentration of oil refineries, petrochemical plants, and other chemical industries reside alongside suburban homes. (credit: Giles Clarke/Getty Images)

Plastic pollution usually conjures images of grocery bags blowing in the wind or nurdles lodged in a seabird’s stomach. But soon, plastic pollution may take on another meaning, as a new report forecasts that the industry’s greenhouse gas emissions in the US will outpace those of coal by the end of the decade.

“Unlike the plastic trash choking our waterways and littering our communities, the plastic industry’s devastating impact on our climate is taking place under the radar, with little public scrutiny and even less government accountability,” Judith Enck, president of Beyond Plastics and a former EPA regional administrator, said in the report.

Plastic is a large but often overlooked source of carbon pollution. Production in the US creates at least 232 million metric tons of greenhouse gases, according to the report by Bennington College and the nonprofit organization Beyond Plastics. Plastic production is expected to emit another 55 million tons by 2025 if the 42 plants currently planned or under construction come online.

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Source: https://arstechnica.com/tech-policy/2021/10/plastic-industry-pollution-to-overtake-coal-in-us-by-2030-report-says/
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The Article Was Written/Published By: Tim De Chant



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Friday, October 15, 2021

The ABCs of Big Oil: How Big Oil Killed Our Political Imagination

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On The ABCs of Big Oil, a new podcast miniseries produced in collaboration with Drilled, my co-host Amy Westervelt and I have been exploring the oil and gas industry’s infiltration of grade school curricula to promote the false idea that humanity needs fossil-fueled capitalism to survive. This week, we’re moving on up…

Read more…

Source: https://gizmodo.com/the-abcs-of-big-oil-how-big-oil-killed-our-political-i-1847868351
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The Article Was Written/Published By: Dharna Noor



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Saturday, October 9, 2021

Fossil fuel companies paying top law firms millions to ‘dodge responsibility’

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Over the last five years, the 100 top law firms in the US represented fossil fuel clients in 358 legal cases and transactions worth $1.36tn

The world’s biggest corporate law firms have been making millions of dollars representing fossil fuel companies but, as the climate crisis intensifies, this work is coming under increasing scrutiny.

Over the last five years, the 100 top ranked law firms in the US facilitated $1.36tn of fossil fuel transactions, represented fossil fuel clients in 358 legal cases and received $35m in compensation for their work to assist fossil fuel industry lobbying, according to a “climate scorecard” published in August.

Continue reading…

Source: https://www.theguardian.com/environment/2021/oct/09/fossil-fuel-companies-law-firms
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The Article Was Written/Published By: Isabella Kaminski



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Wednesday, October 6, 2021

Operator in oil spill didn’t shut down for hours after leak alert, regulators say

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Federal officials believe the breach might have been caused by an anchor.

Source: https://www.nbcnews.com/news/us-news/operator-california-oil-spill-didn-t-shut-down-pipeline-hours-n1280874
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The Article Was Written/Published By: Andrew Blankstein and Dennis Romero and David Douglas



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Tuesday, October 5, 2021

8 Devastating Aerial Photos of California’s Oil Spill

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New information about California’s biggest oil spill in decades continues to emerge, as federal and state officials scramble to contain the damage and lawmakers call for changes and accountability.

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Source: https://gizmodo.com/8-devastating-aerial-photos-of-californias-oil-spill-1847801048
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The Article Was Written/Published By: Molly Taft



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Monday, October 4, 2021

Massive California oil spill may close beaches for months

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One of the largest oil spills in recent California history has contaminated a swath of popular beaches south of Long Beach, including Huntington Beach.

Driving the news: The spill of as many as 126,000 gallons of crude oil, which is thought to have emanated from a leaking pipeline about 4.5 miles off the coast of Huntington Beach, was detected Saturday.


The latest: Oil began washing up on beaches by early Sunday, and closures may expand and last for months.

  • As of Sunday evening, 3,150 gallons of oil have been recovered from the spill area, the Coast Guard said.
  • The pipeline from which it leaked has been shut off, Martyn Willsher, CEO of Houston-based Amplify Energy Corp., which owns the pipeline, told the AP.
  • The leaking pipeline connects to oil production and drilling platforms, the AP reports, both of which are in federal waters.
  • The full scope of wildlife impacts is not yet fully known.

The big picture: A host of extreme weather events amplified by climate change have battered California in recent months, from record heat to some of the largest wildfires in state history.

  • For some residents, the spill is just another reminder of how California is ground zero for climate change.
  • Wildfire photographer Stuart Palley captured this in an Instagram post: “The forests of my childhood have burned, and now the beaches from youth are covered in oil.”

Go deeper: Major oil spill reaches California beaches, killing wildlife

Source: https://www.axios.com/california-oil-spill-close-beaches-months-amplify-2ea63a7d-7f9b-4e38-ae7d-38c436bb55d9.html
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The Article Was Written/Published By: Andrew Freedman



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California oil spill fouls beaches and kills wildlife – video

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A large oil spill off the coast of Southern California has killed wildlife and fouled beaches along the Orange county coast. At least 126,000 gallons (572,807 lites) of oil spilled into the waters off Orange county after it leaked from a broken pipeline connected to an offshore oil rig

Continue reading…

Source: https://www.theguardian.com/us-news/video/2021/oct/04/california-oil-spill-fouls-beaches-and-kills-wildlife-video
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Friday, August 27, 2021

Big Oil Coined ‘Carbon Footprints’ to Blame Us for Their Greed. Keep Them on the Hook.

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This story originally appeared in The Guardian and is republished here as part of Covering Climate Now, a global journalism collaboration strengthening coverage of the climate story.

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Source: https://gizmodo.com/big-oil-coined-carbon-footprints-to-blame-us-for-thei-1847570535
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The Article Was Written/Published By: Rebecca Solnit



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Tuesday, August 24, 2021

Severe oil leaks worsened Keystone pipeline’s spill record, GAO finds

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The company behind the controversial Keystone XL project that President Joe Biden effectively killed on his first day of office had an oil spill record “worse than the national average” over a five-year period thanks to two major spills, according to a Government Accountability Office report published Monday.

The two spills from the Keystone pipelines dumped a combined 12,000 barrels of oil in the Dakotas even as operator TC Energy was planning to expand that pipeline with its proposed Keystone XL project, which would have tripled the amount of crude the pipeline system would carry from Canada into the United States. Biden revoked the permit necessary to allow Keystone XL to cross the U.S.-Canada border, essentially killing the project in a bid to demonstrate his climate bona fides. TC Energy is now in court seeking $15 billion from the U.S. government for the cancellation.

Despite the quick action on Keystone, environmental justice advocates have criticized the Biden administration for failing to take similarly decisive action to shut down other Canada-U.S. pipelines, such as the Line 3 pipeline in Minnesota.

The decision to revoke the Keystone permit cheered Democrats but was criticized bitterly by Republicans.

Jane Kleeb, chair of the Nebraska Democratic Party who has been opposing pipelines including Keystone XL for years, said the GAO report highlighted issues that environmental groups had already voiced concern over. But having the information in an official government report would help people in future protests against pipelines, she said.

“These are not new weapons per se,” Kleeb said of the report’s description of the faulty material and subpar construction. “But I am deeply grateful that this is now in the formal record.”

The study came at the behest of House Transportation and Infrastructure Chair Peter DeFazio (D-Ore.), Commerce Chair Frank Pallone (D-N.J.), and other Democrats in November 2019 in the wake of the two major Keystone oil spills.

“GAO’s report validates President Biden’s decision to revoke the permit to build the Keystone XL pipeline,” DeFazio and Pallone said in a joint statement. “President Biden was clearly right to question this operator’s ability to construct a safe and resilient pipeline, and we support his decision to put Americans’ health and environment above industry interests.”

Energy and Commerce Committee Republicans spokesperson Jack Heretik said in a statement that the committee is looking forward to “reviewing the GAO report and working with our colleagues to modernize our pipeline systems to strengthen our energy security,” while also criticizing the Biden administration for its “efforts to destroy jobs, support Russia’s Nord Stream 2 pipeline and ask OPEC to produce more oil.”

The GAO study showed that the U.S. stretches of TC Energy’s 2,700-mile Keystone pipeline had a failure rate in line with the national average during its first six years of service, with most of Keystone’s 22 accidents from 2010 through 2020 releasing fewer than 50 barrels of oil.

But two major spills in 2017 and 2019 that dumped nearly 12,000 barrels of oil combined “put TC Energy worse than the nationwide average over the past five years” up to 2020. The 2017 accident in South Dakota was caused by faulty pipeline materials and bad construction of the pipeline, while the 2019 North Dakota accident was caused by defects in the original pipe manufacturing, according to inspections cited in the GAO study.

Issues found with the pipeline material and construction practices leading to the spills caused the Pipeline and Hazardous Materials Safety Administration — the part of the Department of Transportation that regulates pipeline safety — to beef up its inspections of early construction activity, GAO said.

“We have taken meaningful action over the last several years to implement measures to strengthen our approach to safety and the integrity of our system with a laser-focus on incident prevention,” Leslie Kass, TC Energy technical center executive vice president, said in a video response to the GAO report. “These actions have contributed to a significant improvement in our safety performance, with zero high-impact incidents in 18 months.”

Source: https://www.politico.com/news/2021/08/23/oil-leaks-keystone-pipeline-spill-record-506613
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The Article Was Written/Published By: Ben Lefebvre



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Monday, August 23, 2021

California Just Approved 5 Temporary Gas Plants as Drought Cripples Hydropower

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Wildfires and declining water levels at reservoirs have threatened California’s power supply at various points this summer. Desperate to avoid blackouts amid the compounding crisis, California’s Gov. Gavin Newsom is eyeing the construction of five “temporary” gas-fueled plants in the coming months.

Read more…

Source: https://gizmodo.com/california-just-approved-5-temporary-gas-plants-as-drou-1847538224
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The Article Was Written/Published By: Brianna Provenzano



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Thursday, August 19, 2021

Texas Is Letting Shell, Exxon, and Other Oil Producers Break the Rules

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Even when policymakers set the easiest rules for fossil fuel producers to follow, it seems like many companies choose to flaunt them anyway. A new analysis from Earthworks suggests that oil and gas producers in the Permian Basin in Texas, one of the largest oilfields in the world, are routinely emitting carbon dioxide…

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Source: https://gizmodo.com/texas-is-letting-shell-exxon-and-other-oil-producers-1847516033
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The Article Was Written/Published By: Molly Taft



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Judge throws out Trump-era approvals for Alaska oil project

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Ruling calls federal reports flawed and says plan didn’t do enough to prevent further harm to polar bears and their habitat.

Source: https://www.nbcnews.com/politics/politics-news/judge-throws-out-trump-era-approvals-alaska-oil-project-n1277125
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The Article Was Written/Published By: The Associated Press



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Wednesday, August 4, 2021

Debt investors retreat from funding dirty energy

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Banks are coming under fire from all sides for their role in funding fossil fuel companies, even though most have pledged to pull back over the coming decades.

What’s happening: Despite pressure from activists, shareholders and Democratic politicians to finally divest from carbon-spewing businesses as the planet warms, the biggest American banks are still energetically backing dirty energy.


The big picture: Withdrawing capital from fossil fuel companies is only half the story in the transition to a sustainable future. The other half is investment in developing the technology and infrastructure to support widespread adoption of renewable power.

  • Banking heavyweights like JPMorgan Chase and Bank of America have committed trillions to sustainable projects. And this year has brought a surge of private capital investment and major fund closings in the climate tech space, as Axios Generate author Ben Geman reports.

Where it stands: Until that renewable infrastructure is in place at a larger scale, there’s still a need for some level of fossil fuel power.

  • Those companies need funding — but simple supply-and-demand dynamics means fossil fuel companies increasingly have to pay up for the privilege of borrowing cash, sources tell Axios.
  • “There’s a growing number of [credit] investors who have oil and gas on their list of what they don’t want to lend to,” a capital markets banker tells Axios.

The impact: How much more do dirty energy companies have to pay? The cost compared to non-fossil fuel businesses can range from a half a percent premium to more than 5% for riskier endeavors.

  • And a shrinking universe of lenders means that if a company faces a bout of financial distress, there may not be anyone there to lend it money.

State of play: This scenario is most pronounced in the coal world.

  • “There’s a very small pool of alternative capital providers that are now financing these assets at low to mid-teen interest rates, whereas three or four years ago there was a wide dispersion of capital available at very competitive rates,” Chris Post, a senior managing director in FTI Consulting’s power & renewables practice, tells Axios.
  • It’s not just ESG sensibilities dragging investors away from coal. From a purely financial standpoint, the industry has become less economic over the last decade — and there’s regulatory risk, too.

Meanwhile: In the oil and gas space, the lending calculus is different.

  • Profitability in the sector depends on the prices of oil and gas. Low oil prices early last year brought a wave of bankruptcies among smaller independent U.S. producers.
  • But oil prices are up more than four-fold since the low reached in April 2020 — enabling a lot of those producers to make money.
  • Cue the debt spigot for companies willing to pay the pricing premium.

The bottom line: Investors are driven by returns. As the universe of buyers of fossil fuel debt shrinks, so too does liquidity in the market and the ability to exit a position if things go south — a risk that helps perpetuate the shrinking universe of buyers.

  • At the same time, the ability to charge higher than average interest will no doubt keep other investors hooked on lending to fossil fuel companies.

Source: https://www.axios.com/debt-investors-dirty-energy-c75c4dca-9106-49cd-b57b-c97766026c3e.html
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The Article Was Written/Published By: Kate Marino



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Monday, August 2, 2021

Rising gasoline prices signal trouble for climate change action

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Cutting oil production before we cut our demand for oil could undermine much of the progress that needs to be made on climate change.

Why it matters: If companies cut back on producing oil but consumers don’t cut back on consuming it, demand will exceed supply and prices will shoot up. That’s bad for our pocketbooks and risks the transition to cleaner energy.


Driving the news: This appears to be the track we’re on. Lurking in the shadows of the pandemic-induced roller coaster of oil prices we’re on now is a deeper, systemic shift within the oil industry and its investors.

  • Buoyed largely by politics and growing activism, Wall Street is demanding that oil companies invest less in new oil discoveries and more in cleaner energy (and pay off debts).
  • In response to that pressure and the collapse in oil prices starting in 2014, overall industry investments in new oil and gas resources have collapsed in recent years, according to Bob McNally, president of consulting firm Rapidan Energy Group.

Yes, but: Despite ambitious goals to reduce heat-trapping emissions, most countries have actually not passed laws that significantly reduce oil demand by targeting consumers through taxes or mandates.

  • Instead, most countries are pursuing less politically toxic options, like regulations that indirectly (and slowly and unevenly) reduce oil consumption.
  • “If we curb supply but not demand, oil prices will spike well into the hundred-dollar range,” said McNally. “Gasoline prices would follow. Such an oil price spike would harm the economy, the political careers of elected officials, and the energy transition.”
  • He projects that such a scenario is likely to start unfolding within the next five years.

By the numbers: The average price of a gallon of U.S. gasoline is $3.17 as of July 30, according to AAA. That’s the highest in seven years, though prices are fluctuating as the pandemic stamps down oil demand again with the Delta variant.

Where it stands: The International Energy Agency, an intergovernmental group launched in 1974 to ensure global oil security, issued one of its most impactful reports in May. It declared that no new oil and gas discoveries would be needed in a future that reaches net-zero greenhouse gas emissions by 2050.

What they’re saying: “Needing no more oil and gas is only true if previous actions by governments happen and demand follows that trajectory,” Laura Cozzi, the IEA’s chief energy modeler and lead author of the report, told me. “The sequencing is important.”

  • In its report, the IEA identified 400 milestones that need to occur to achieve the net-zero goal, and 95% of those should be driven by policy changes affecting demand, not supply, said IEA executive director Fatih Birol, per Reuters.
  • This includes imposing carbon pricing and phasing out fossil-fuel subsidies, both which have direct impact on consumers’ demand for those fuels.

How it works: Public sentiment generally skews toward concern about energy affordability during periods of economic recessions and instabilities. A recent Gallup survey shows that playing out in the wake of the pandemic.

  • That sentiment creates headwinds for any type of policy that could be even perceived as raising the cost of energy — a key reason President Biden and other administration officials insist they’re not going to support a gasoline tax increase or any other tax on energy.
“If there is increased oil demand and if we don’t have technological innovation and policy driving a transition to clean energy, you will get higher prices for oil and gas, and that will create all kind of dynamics, including political ones.”
Richard Newell, former administrator of the U.S. Energy Information Administration under Barack Obama and current president of think tank Resources for the Future

The other side: Environmentalists have helped propel a social movement around climate change by fighting projects producing and moving fossil fuels around (remember the Keystone XL pipeline?). In other words, they have focused on supply, not demand of those fuels.

  • Tzeporah Berman, international program director at group Stand.earth, says some countries are now beginning to impose demand-side policies, like pledges to ban internal combustion engines cars within the next 15 years.
  • But she is cognizant of the risks our world faces if demand reduction doesn’t follow soon after.

The bottom line: “Without political leadership and courage, a lot of this could be at risk,” said Berman. “The challenge for policymakers is to move quickly putting in infrastructure for electrification and efficiency.”

Editor’s note: Amy Harder is vice president of publishing at Breakthrough Energy, a network of investment vehicles, philanthropic programs, policy advocacy, and other activities committed to scaling the technologies needed to reach net-zero emissions by 2050. She is launching a new journalism initiative there. Previously full time at Axios, Amy is now writing her Harder Line column as an outside contributor.

Source: https://www.axios.com/gas-prices-climate-change-325881b1-fa78-41c9-8cb3-1d56d0ed9328.html
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The Article Was Written/Published By: Amy Harder of Breakthrough Energy



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Monday, July 26, 2021

American Airlines warns about fuel shortages around the country, asks pilots to conserve

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The airline said flights will carry additional fuel into airports affected by shortages, a procedure known as tankering.

Source: https://www.nbcnews.com/business/business-news/american-airlines-warns-about-fuel-shortages-around-country-asks-pilots-n1275061
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The Article Was Written/Published By: Leslie Josephs, CNBC



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Sunday, July 11, 2021

Trouble in Alaska? Massive oil pipeline is threatened by thawing permafrost

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The slope of permafrost where an 810-foot section of the pipeline is secured has started to shift as it thaws, causing braces holding up the pipeline to twist and bend.

Source: https://www.nbcnews.com/news/us-news/trouble-alaska-massive-oil-pipeline-threatened-thawing-permafrost-n1273589
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The Article Was Written/Published By: David Hasemyer, Inside Climate News



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Sunday, July 4, 2021

Five Asian countries account for 80% of new coal power investment

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China, India, Indonesia, Japan and Vietnam plan to build more than 600 coal power units

Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new coal plants, according to a report.

Carbon Tracker, a financial thinktank, has found that China, India, Indonesia, Japan and Vietnam plan to build more than 600 coal power units, even though renewable energy is cheaper than most new coal plants.

Continue reading…

Source: https://www.theguardian.com/environment/2021/jun/30/five-asian-countries-80-percent-new-coal-power-investment
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The Article Was Written/Published By: Jillian Ambrose



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Friday, July 2, 2021

We Now Know How Exxon Secretly Fights Crackdowns on Plastic Pollution

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A senior Exxon lobbyist was caught on tape admitting that the company has been running a behind-the-scenes campaign to combat regulation on plastics and PFAS, a video released Thursday shows. The tape is the second installment of an undercover investigation conducted by Unearthed, the investigative arm of Greenpeace…

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Source: https://gizmodo.com/we-now-know-how-exxon-secretly-fights-crackdowns-on-pla-1847220288
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The Article Was Written/Published By: Dharna Noor



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Climate scientists take swipe at Exxon Mobil, industry in leaked report

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A recently leaked draft report written by some of the world’s top climate scientists blamed disinformation and lobbying campaigns — including by Exxon Mobil — for undermining government efforts to reduce greenhouse gas emissions and increasing the dangers of global warming to society.

The draft report, which has been reviewed by POLITICO and other news organizations in recent days, is part of an upcoming review of climate science by the Intergovernmental Panel on Climate Change, a body that brings together scientists from around the globe to examine the state of climate research. The draft dedicates part of its North America section to public “resistance to climate change science.”

Details from the leaked report began emerging last week, days before a British television broadcaster aired a video showing a top Exxon Mobil lobbyist admitting the company worked with “shadow groups” that engaged in disinformation campaigns around climate science, a tactic that allowed the company to avoid direct scrutiny. The news has prompted some Democratic lawmakers to step up efforts to force oil majors to disclose money flows to groups that seek to undermine climate action.

The draft IPCC report blamed think tanks, foundations, trade associations and other third-party groups that represent fossil fuel companies for promoting “contrarian” science that misleads the public and disrupts efforts to implement climate policies needed to address the rising threats,

“Rhetoric on climate change and the undermining of science have contributed to misperceptions of the scientific consensus, uncertainty, unduly discounted risk and urgency, dissent, and, most importantly, polarized public support delaying mitigation and adaptation action, particularly in the US,” the report said.

On Wednesday, Britain’s Channel 4 broadcast a video of Exxon lobbyist Keith McCoy telling Greenpeace UK activists who were posing as headhunters that the oil giant would “aggressively fight against some of the science” including by using third-party “shadow groups.” McCoy also noted his lobbying efforts to strip climate provisions from President Joe Biden’s infrastructure proposal, many of which were dropped in a $1.2 trillion compromise framework.

The IPCC report said disinformation tactics have created “risks to society” because they have prevented governments from responding to the dangers from climate change.

The draft is subject to approval by governments and the language may change before it is released. But the presence of the language on disinformation campaigns in the draft represents an unusual political rebuke from the science community in its most high-profile climate report — which is produced about every seven years.

Rep. Ro Khanna (D-Calif.), who chairs the environment subcommittee of the House Oversight and Reform Committee, said he has “spoken to a number of people in leadership” about issuing subpoenas to compel testimony from Exxon, Chevron, and other oil and gas companies at forthcoming hearings on dark money influence on climate change disinformation and the role social media plays spreading climate falsehoods.

Khanna said that he and Sen. Sheldon Whitehouse (D-R.I.) also will write legislation requiring fossil fuel companies to disclose money flows to groups that distort climate science and stall climate policy, a point the IPCC draft affirms.

“It is a major problem. One of the reasons that we haven’t had action is that we don’t have a common source of facts,” Khanna told POLITICO. “Until we solve the climate disinformation issue or at least mitigate the issue, it becomes very hard to build a broad-based political consensus that is needed to take the kind of bold steps that are needed to tackle the crisis.”

Exxon did not respond to a request for comment. CEO Darren Woods said in a statement on Wednesday the company “condemn[s] the statements,” which he said did not represent the company’s stances on climate change.

Veterans of the last major climate battle in Congress on either side of the aisle agreed that falsehoods and distortions of climate science upended chances of passing legislation.

Former South Carolina Republican Rep. Bob Inglis told POLITICO that he underestimated how influential dark money groups were at steering climate inaction. Inglis attributed part of the reason he lost a 2010 primary election to his support for a carbon tax as an alternative to cap-and-trade legislation authored by then-Rep. Henry Waxman (D-Calif.) and Ed Markey, now the junior Democratic senator from Massachusetts.

“I was apparently a little bit slow to understand,” Inglis said. “It looked like grassroots, but it’s really astroturf. But you gotta hand it to them: They had quite a supply chain of astroturf that they delivered to certain districts and rolled it out — rolled right over me.

“They did a much better job than the buggy whip manufacturers introducing doubt about Henry Ford’s machine,” he added.

Waxman’s cap-and-trade bill passed the House in 2009 but ultimately died in the Senate. He said climate disinformation, dark money groups and the fossil fuel industry played an integral role in the legislation’s fate. He told POLITICO that the IPCC identifying that behavior as an obstacle to climate policy would be “a wake-up call for a lot of people who might not come to the conclusion that they’ve been lied to by a campaign of misinformation.”

Exxon in particular has been the subject of criticism over revelations that it for decades funded groups that sowed doubt about the certainty that humans drive climate change, largely through burning fossil fuels, despite its own internal research confirming that science.

Trade associations like the U.S. Chamber of Commerce and the American Petroleum Institute, which count fossil fuel companies as members, also have historically lobbied against climate action. Both have recently modified their positioning on climate, though critics contend they do not go far enough in advocating for policies that would reduce greenhouse gas emissions at the scale necessary to keep global temperatures in check.

“As outlined in our Climate Action Framework, the size of the global climate and energy challenges we face require a mix of government policies, industry actions and breakthrough innovation investments, and there’s no place in this debate for disinformation,” Megan Bloomgren, API senior vice president of communications, said in a statement. “Our industry is out front and transparent in the positions we take and advocate for while we drive measurable action to reduce emissions and deliver the energy the world needs.”

The Chamber of Commerce could not be immediately reached for comment.

Robert Brulle, an environmental politics professor at Brown University who submitted comments to the IPCC urging inclusion of the disinformation section, told POLITICO he is curious whether that section will make it to the final version because governments ultimately have to approve it.

Brulle said the dynamic is well-documented in peer-reviewed studies, but that acknowledging the perversion of science and discourse by fossil fuel interests could be anathema to countries overwhelmingly dependent on oil and gas revenues, such as Saudi Arabia and Russia.

“That’s really not a scientific decision, that’s a political decision to ignore that,” he said.

Source: https://www.politico.com/news/2021/07/02/climate-scientists-exxon-mobile-report-497805
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Thursday, July 1, 2021

OPEC+ could add 2 million bpd oil to market by December: Report

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Monthly increases would amount to less than 0.5 million barrels per day, a source told Reuters news agency.

Source: https://www.aljazeera.com/economy/2021/7/1/opec-could-add-2m-bpd-of-oil-to-market-by-december-report
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