Month: August 2022

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Railroad Commission: Fighting back against ESG efforts to destroy the Texas economy

By The Railroad Commission of Texas World Oil, August 31, 2022   AUSTIN – Texas is leading the fight to curb the expansion of the Environmental, Social and Governance (ESG) movement, a woke investment strategy that places a priority on subjective environmental and social metrics instead of financial metrics that ensure quality returns for investors. It […]

CONTINUE READING Railroad Commission: Fighting back against ESG efforts to destroy the Texas economy 3 min read
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Abbott: EPA’s attack on Permian Basin oil drilling ‘illogical and flawed’

By Bethany Blankley The Center Square , August 31,2022   (The Center Square) – Texas Gov. Greg Abbott on Tuesday criticized President Joe Biden’s “ongoing attack on the Permian Basin,” the most prolific shale oil basin in the U.S. located in west Texas and southeastern New Mexico. Abbott sent another letter to Biden Tuesday in […]

CONTINUE READING Abbott: EPA’s attack on Permian Basin oil drilling ‘illogical and flawed’ 6 min read
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ExxonMobil to store CO2 on BLM lands in Wyoming

By Dustin Bleizeffer WyoFile , August 31,2022   Up to 60 million cubic feet of CO2 per day from the Shute Creek natural gas plant can now be permanently sequestered underground in southwest Wyoming. ExxonMobil has received a federal permit to inject CO2 for permanent underground storage below public Bureau of Land Management property in […]

CONTINUE READING ExxonMobil to store CO2 on BLM lands in Wyoming 6 min read
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Matthias Raab: WA’s transmission to a low emission future must involve carbon capture

By Matthias Raab The West Australian , August 31,2022   Along Australia’s pathway to net zero by 2050, ambition will battle pragmatism. What some see as the perfect will be pitched against the merely good. On the fringes, there may be some who see it as a contest of good and evil. But as the […]

CONTINUE READING Matthias Raab: WA’s transmission to a low emission future must involve carbon capture 5 min read
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Explainer: How industry is depending on carbon capture technology for climate goals

By Cassandra Garrison Reuters, Aug.31, 2022     Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertiliser-maker Yara’s (YAR.OL) Dutch operation from 2025 in what they say is a commercial breakthrough for the business. The joint venture founded by oil firms Equinor (EQNR.OL), TotalEnergies (TTEF.PA) and Shell (SHEL.L) plans to […]

CONTINUE READING Explainer: How industry is depending on carbon capture technology for climate goals 4 min read
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Natural gas plants with carbon capture could save industry billions – think tank

By Karin Rives S&P Global Market Intelligence , Aug. 30 ,2022 An estimated $1.6 trillion price tag for decarbonizing the U.S. power sector by 2035 could be reduced by $300 billion if some natural gas-fired plants paired with carbon capture technology remain in operation and offsets are available, a recent study by the Electric Power […]

CONTINUE READING Natural gas plants with carbon capture could save industry billions – think tank 8 min read
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Federal judge strikes down Biden’s oil and gas lease pause

By Chandler Ross Beaumont Enterprise , August 30,2022   A federal judge in Louisiana struck down U.S. Pres. Joe Biden’s pause on oil and gas lease sales, an Aug. 29 press release from Texas Attorney General Ken Paxton said. Texas was one of 13 states to join the lawsuit, which argued that Biden’s executive order halting […]

CONTINUE READING Federal judge strikes down Biden’s oil and gas lease pause 2 min read
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An oil company is seeking property tax breaks to finance its plans to remove carbon dioxide from Texas skies

By Nicholas Kusnetz The Texas Tribune, August 8th, 2022   Occidental’s tax break applications include new details about its carbon removal plans, which some experts see as important to countering climate change. Some environmentalists say the technology is unproven, expensive and only marginally useful at best. Occidental Petroleum is planning to build a series of […]

CONTINUE READING An oil company is seeking property tax breaks to finance its plans to remove carbon dioxide from Texas skies 17 min read
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Texas threatens divestments from alleged energy-boycotting banks

By Asher Price and Andrew Freedman Axios Austin , August 25,2022     The state’s chief financial officer has unveiled a first-ever list of 10 financial firms — many of them heavy hitters — that he says “boycott energy companies.” Why it matters: Determined to protect the oil and gas industry, state lawmakers last year demanded […]

CONTINUE READING Texas threatens divestments from alleged energy-boycotting banks 3 min read

CNC Participates in Hydrogen Infrastructure Roundtable Alongside Senator Cornyn at the Port of Corpus Christi

CORPUS CHRISTI – The Carbon Neutral Coalition (CNC) today participated in a roundtable alongside Senator John Cornyn (R-TX) at the Port of Corpus Christi. The roundtable focused on Senator Cornyn’s recently-introduced bipartisan Hydrogen Infrastructure Initiative which will incentivize hydrogen infrastructure and adoption of hydrogen in certain sectors. The initiative creates research and grant programs for […]

CONTINUE READING CNC Participates in Hydrogen Infrastructure Roundtable Alongside Senator Cornyn at the Port of Corpus Christi 3 min read

The Hydrogen Economy

Carbon Capture, Utilization, and Storage: Incentives