Energy & Fuel

Companies to Inject Millions of Tons of CO2 Underground. Will It Stay Put?

"A new report highlights the risk 120,000 abandoned oil and gas wells pose to carbon dioxide storage in Louisiana, home to more proposals to pump the greenhouse gas underground than any other state." "With industry planning to inject tens of millions of tons annually, a looming question is whether the climate-warming gas will stay underground."

Source: Inside Climate News, 03/22/2024

"Gas Industry Blocks Building Codes Meant To Make Going Electric Cheaper"

"The natural gas industry pulled off an 11th-hour victory in its campaign to strip climate-friendly rules out of the latest update to the homebuilding guidelines used in most of the United States."

Source: HuffPost, 03/22/2024

"How A Trump Presidency Could Threaten Biden’s Signature Climate Achievement"

"Democrats’ sweeping Inflation Reduction Act (IRA) has fueled significant progress in the fight against climate change since its passage in 2022. But if former President Trump wins back the presidency in November, he’s likely to undermine those gains — or help a Republican Congress do away with the law entirely."

Source: The Hill, 03/21/2024

Petrochemicals Are Killing Us, a New Report Warns in Top Medical Journal

"Use of petroleum-based chemicals skyrocketed during the postwar era, most of them entering the market with little concern for safety. Now, mounting evidence links petrochemicals to the rapidly rising prevalence of a slew of chronic and deadly conditions, a review published in the New England Journal of Medicine warned earlier this month."

Source: Inside Climate News, 03/21/2024

"Biden Administration Announces Rules Aimed at Expanding Electric Vehicles"

"The Biden administration on Wednesday issued one of the most significant climate regulations in the nation’s history, a rule designed to ensure that the majority of new passenger cars and light trucks sold in the United States are all-electric or hybrids by 2032."

Source: NYTimes, 03/21/2024

"Oil Executives, Meeting in Texas, Cast Doubts on ‘Fantasy’ Energy Transition"

"To some, it felt like the oil executive blurted the quiet part out loud. “We should abandon the fantasy of phasing out oil and gas,” said Amin Nasser, head of what is, by far, the world’s biggest oil producer, Saudi Aramco."

Source: NYTimes, 03/20/2024

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