Pressured by shareholders, ExxonMobil Corp. agreed Thursday to publish, for the first time ever, a carbon asset risk report describing how it assesses the risks of stranded assets from climate change.
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Articles from Carbon
Wyoming Governor Proposes New Center to Test Markets for Carbon, EOR
With one of the nation’s most fossil fuel-intense state economies, Wyoming Gov. Matt Mead is pushing a state/private sector initiative for a new testing center at the University of Wyoming to find ways to effectively store carbon dioxide (CO2) to develop markets for carbon and enhanced oil recovery (EOR).
President Touts Natural Gas Development, Says ‘Debate is Settled,’ Climate Change a Fact
President Obama, in the State of the Union (SOTU) speech Tuesday night before Congress, praised natural gas and oil development in the United States, as well as its importance in fueling energy independence and creating jobs, but said $4 billion in fossil fuel subsidies could be better deployed elsewhere.
Chu Tapped to Help Start-up with EOR Efforts
Former U.S. Secretary of Energy Steven Chu has joined the board of a fledgling Canadian company looking to break into the U.S energy market with a carbon capture technology it claims has the ability to boost enhanced oil recovery (EOR) in basins across the country.
ExxonMobil, Big Operators Already Pricing U.S. Carbon Emissions
All five Big Oil majors with huge U.S. operations, along with several super independents and utilities, aren’t waiting for Congress to figure out how to reduce greenhouse gas (GHG) emissions. They already use carbon pricing on the expectation that emissions eventually will be regulated.
EPA GHG Rules for New Power Plants Speed Decline of Coal
The Environmental Protection Agency (EPA) on Friday issued long-awaitedproposed rulesfor greenhouse gas (GHG) emissions for new power plants, leaving gas-fired plants mostly unaffected but making construction of new coal-fired plants problematic.
EQT, Green Field Complete Field Gas-Only Frack Job
Appalachian operator EQT Corp. and the oilfield services company Green Field Energy Services have completed multiple hydraulic fracturing (fracking) stages using pumps powered 100% by Marcellus Shale gas at a well site.
Binz Fends Off Senate Critics; Supports Natural Gas
Former Colorado regulator Ron Binz, nominated for FERC chairman, said he was bullish on natural gas and expects applications for liquefied natural gas (LNG) export terminals to proceed through the agency as usual.
Moniz Urges Making the Best of Fossil Assets Until Renewables Ready
Responding to multiple questions from a New York audience Monday on issues surrounding natural gas production, Energy Department Secretary Ernest Moniz said the fuel is both “part of the problem” and “part of the solution,” and it has a strong role to play in underpinning the U.S. economy.
Shale Gas, Liquids Growth Reality Impacting Global Balances
The “reality and potential” of expanding natural gas and liquids from shale continues to have a dramatic impact on the regional and global balances for both economies, PIRA Energy Group said Monday in a new report.