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Fossil Fuel Companies Made Bold Promises to Capture Carbon. Here’s What Actually Happened.

DeSmogBlog

Carbon capture and storage (CCS) was high on the agenda at New York Climate Week last week, where critics of the technology raised concerns it would be used to extend the life of the fossil fuel industry. Val Verde’s success helped the oil and gas sector develop a business model enabling them to profit long into the future.

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Fossil Fuel Companies Are Promoting ‘Lower Carbon,’ ‘Responsibly Sourced’ Oil and Gas

DeSmogBlog

EQT’s move comes on the heels of a similar announcement from Chesapeake Energy, one of the pioneers of fracking which recently emerged from bankruptcy. These latest branding efforts arrive amid a broad ESG investment wave that emphasizes the ways businesses approach environmental, societal, and corporate governance issues.

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Activists Decry FERC Rush to Construct LNG Gas Terminal, Say Permits for More Potential ‘Train Wreck’

DeSmogBlog

On my lastest flight surveying fossil fuel industry sites in southwest Louisiana at the end of September, I photographed liquified natural gas (LNG) export facilities, signs of drought, fire-scarred stretches of marsh, and a salt dome site at risk of collapsing. A ground flare at Cameron LNG in Hackberry on September 30, 2023.

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CO2 Storage Plans Risk Leaving Future Generations with ‘Carbon Bombs’, Energy Expert Warns

DeSmogBlog

A number of big polluters, including fossil fuel companies, support and are involved in the UK’s CCS plans. . oil major Chevron, in partnership with other fossil fuel giants. according to a 2014 study. Gorgon is led by U.S. Its target was 80 percent. . CCS initiatives are no stranger to failure.

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Comment: Carbon net zero – we’re halfway there

Envirotec Magazine

By Faye Bowser, Head of Energy Solutions, Siemens plc. How do we find the energy and ideas now to put in place the changes needed to sustain our collective trajectory to 2050, and also identify the next set of ‘big wins’ for industry? We have already exceeded our interim global business goal of cutting CO2 emissions by half by 2020.

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Global Briefing: From methane to showers, Trump administration steps up assault on environmental regulation

Business Green

All the green business news from around the world this week. The Trump administration stepped up its pre-election effort to roll back environmental regulations this week, confirming plans to axe methane emissions standards for the oil and gas industry and signalling further such moves are on the cards ahead of polling day in November.

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Big Oil’s Been Secretly Validating Critics’ Concerns about Carbon Capture

DeSmogBlog

Only 3 percent of the Wyoming project’s CO2 has been geologically stored in the same formation from which the original gas was extracted, according to estimates from the Institute for Energy Economics and Financial Analysis (IEEFA). C and with the net-zero energy transition. Credit: NET Power , CC BY-SA 4.0

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