Environment & Energy
Related: About this forumCERA Week - Energy Security Blah Carbon Capture Blahblahblah Green Hydrogen Blah Pipelines Blahblah
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One week earlier, the IPCC released a report laying out the stark reality of the latest science, warning that human-driven warming had already caused widespread adverse impacts across the globeharming peoples physical and mental health, stressing ecosystems, fueling larger wildfires, more violent storms and deadly extreme heat. Some of those changes are irreversible, the report stated, and have pushed human and natural systems beyond their ability to adapt. These effects will get worse, the report warned, as the world careens toward 1.5 degrees Celsius of warming, a threshold it said will most likely be reached by 2040. But these frightening, vivid stakes were largely absent from many of the weeks panel discussions, replaced instead with abstract notions of an energy transition and decarbonization of the global economy. And the war in Ukraine reframed many discussions.
John Ardill, a vice president at ExxonMobil, said that climate concerns had subsumed energy security in recent years, but that the invasion was changing that. He argued that his companys plans to expand production in Texass Permian basin, the countrys most prolific oil field, can help achieve both goals. Exxon has said it will reach net-zero emissions from its drilling operations there by 2030. Cynthia Hansen, an executive vice president at Enbridge, a leading pipeline developer, said North American oil and gas was poised to fill the void opened by cuts to Russian imports domestically and in Europe, but that new regulations from the Biden administration were constraining her companys ability to bring hydrocarbons to market. In particular, she rejected a new policy by the Federal Energy Regulatory Commission that will require companies to study the life-cycle climate impacts of their projects.
The industry received backing from some lawmakers who traveled to Houston. On Friday, Sen. Joe Manchin (D-W.V.) shared his message for the White House on how American energy producers can help counter Russia: Turn us loose and let us go. But the longer-term argumentthat oil and gas are not merely bridges to a cleaner future, but can be a part of that future, toowas surely on the agenda before Russias invasion.
Kerry was followed by Darren Woods, Exxons chief executive, who over the last year has been forced by pressure from investors and others to focus on climate concerns. Last year, Exxon launched a low-carbon business devoted to carbon capture and storage, hydrogen and biofuels. Woods said these new businesses would, by capturing carbon dioxide emissions, allow fossil fuels to play an important role in a low-carbon future, particularly for the industrial sector, shipping and aviation. People focus on oil and gas as the challenge with respect to climate change, Woods said. Actually its the emissions associated with combustion of oil and gas.
Ed. - Yeah, no shit Darren - the emissions you don't count when you barf up your inevitable rhetorical hairballs about "net zero".
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https://insideclimatenews.org/news/11032022/conference-oil-gas-fossil-fuels-energy-transition/
Response to hatrack (Original post)
jfz9580m This message was self-deleted by its author.
Caribbeans
(743 posts)They are making it WORK.
Perfect? no
But they can do things besides bomb the Middle East for 20 years
15 or so years ago China identified Solar energy as a future priority. Now they absolutely rule the solar industry, which the US could have done but was more interested in bombing and invading lands 8,000 miles away.
They have now set their sights on Green Hydrogen.
And in just a few years, they will control THIS industry.
Americans can watch it happen.