Month: April 2021

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CNC Applauds House Passage of Bill Transferring Injection Storage Regulation to RRC

HOUSTON – The Carbon Neutral Coalition (CNC) today applauded Representative Chris Paddie (R-Marshall) and the Texas House of Representatives for passing HB 1284 which transfers the regulatory authority of geologic storage of carbon dioxide from the Texas Commission on Environmental Quality (TCEQ) to the Railroad Commission (RRC). The passage of the bill is a key […]

CONTINUE READING CNC Applauds House Passage of Bill Transferring Injection Storage Regulation to RRC 1 min read
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New Carbon Market Pays Southern Pine-Growers Not to Cut

By Ryan Dezember Here is a new way for Southern pine growers to get paid for their timber: Leave it standing. Companies eager to offset their emissions are paying Southern timberland owners not to cut more than a million acres of mill-bound pine trees until next year. The idea is that the longer the timber […]

CONTINUE READING New Carbon Market Pays Southern Pine-Growers Not to Cut 9 min read
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ExxonMobil’s Plan to Capture Carbon

By Darren W. Woods and Joe Blommaert As President Biden convenes the virtual Leaders Summit on Climate later this month, America has a unique opportunity to spearhead a breakthrough approach to reducing carbon emissions. About 80% of the world’s energy-related carbon emissions come from three critical sectors of the economy: power generation, commercial transportation and […]

CONTINUE READING ExxonMobil’s Plan to Capture Carbon 4 min read
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Landmen Who Once Staked Claims for Oil and Gas Now Hunt Wind and Sun

By Rebecca Elliott Carter Collum used to spend mornings shoulder to shoulder with competitors in the record rooms of East Texas courthouses, hunting for the owners of underground natural-gas deposits. At night, he made house calls, offering payments and royalties for permission to drill. Mr. Collum worked as a landman, tracking the owners of oil […]

CONTINUE READING Landmen Who Once Staked Claims for Oil and Gas Now Hunt Wind and Sun 14 min read
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BP Wants to Stop Burning Off Gas in America’s Top Oil Field

By Christopher M. Matthews PLC has been one of the companies most responsible for the burning of unwanted natural gas in the busiest U.S. oil field. Now it is trying to clean up its act. The British oil giant plans to spend about $1.3 billion to build a massive network of pipes and other infrastructure […]

CONTINUE READING BP Wants to Stop Burning Off Gas in America’s Top Oil Field 8 min read
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Corbin Robertson Jr. Launches Carbon Neutral Coalition

Organization Seeks to Put Texas on a Path to Carbon Neutrality by 2050 HOUSTON – Corbin Robertson Jr. today launched the Carbon Neutral Coalition (CNC) to put Texas on a path to becoming carbon neutral by the year 2050. The coalition is seeking to establish the infrastructure that will incentivize the energy industry to cut […]

CONTINUE READING Corbin Robertson Jr. Launches Carbon Neutral Coalition 3 min read