Insight and inspiration in turbulent times.
More than 40 per cent of the oil and gas wells in the province are not pumping hydrocarbons or generating revenue. Many are leaking methane, CO2, radon or hydrogen sulphide into the air, ground or water table.
The cost of cleaning up the sites and decommissioning the wells can range from tens of thousands of dollars to hundreds of thousands, depending on their age and type.
In Argentina, Vaca Muerta is treated as the country’s chance at salvation, with fracking seen as doing everything at once — creating jobs, reducing the debt burden, plugging the energy deficit and turning Argentina into a major player on the global oil and gas stage.
But if there’s a silver lining to the PG&E disaster, it’s that — in the midst of filing for bankruptcy — they’ve opened up the space for conversations about alternatives. And perhaps one of the most interesting of these conversations is based on the idea of transforming the utility into a network of cooperatives: utilities owned and managed by the ratepayers themselves.
From a climate and economic perspective, Canada clearly needs a different plan than expanding oil and gas. Such a plan means standing up to the oil industry’s unrelenting lobby and recognizing the oil sands, which already produce 2.91m barrels a day and climbing, are more than big enough.
However, despite the endorsement of the UN Guiding Principles on Business and Human Rights, oil companies exploiting irreplaceable resources in the Niger Delta are callously flouting fundamental human rights. That is the conclusion I have been forced to draw from my work as chair of the Bayelsa State Oil and Environmental Commission (BSOEC).
A new report out today from Rapid Transition Alliance founding member the Centre for Alternative technology (CAT) looks at how the UK can cut energy demand by 60% and reach net zero greenhouse gas emissions using current technologies, without relying on unproven carbon capture.
Put another way, those who made their money peddling fossil fuels—the executives and shareholders holding funds—owe something to those who got hurt. It’s not, in the bigger picture, all that different from the demand for reparations by African American descendants of slaves—claims that in recent months more than a few institutions have begun to pay, among a growing number of faith denominations, universities and politicians, including presidential candidates, have begun to publicly endorse.
A plume from the Texas Petroleum Chemical (TPC) plant hung over Port Neches, Texas on Thanksgiving as emergency workers continued to fight the fire following explosions at the plant on November 27. A mandatory evacuation that called for 60,000 people within a four-mile radius from the plant to leave their homes the day before the holiday was lifted yesterday.
New Mexico and other states that depend on fossil fuels need to wake up from the somnolence that oil wealth is bringing. The boom-and-bust cycle will continue, at least partly because the world is finally transitioning to renewable energy, though the more familiar fluctuation of global markets is also a factor.
Like with every piece of our homestead, I can look forward to the benefits of the next project and still revel in the luxury of the imperfect first try. At least, I can next April, when I’m showering back in the garden.
In other words, we have a long way to go if we choose to reduce emissions by simply replacing fossil fuels with wind turbines. As the ecologist Bill Rees noted in his recent Tyee analysis, “the green energy transition is not really happening.”
A new Working Paper from STEPS Summer School alumni seeks to explain why (and how) natural gas has assumed such a dominant role in German energy policy, and at what cost. The authors call upon fellow researchers to challenge the increasing dominance of gas in energy systems worldwide, and to intervene in academic, NGO and policy-making structures to illuminate alternative pathways.
