Energy & Fuel

Carbon Capture Will Extend Oil Production by 84 Years, Industry Study Finds

"A major Canadian oil field in the province of Saskatchewan would likely have reached the end of its life eight years ago. But thanks to carbon capture and storage, a technology widely touted by the oil and gas industry and some political leaders as a key solution for climate change, the field could still be producing 1.5 million barrels of oil annually by the year 2100."

Source: DeSmog, 06/11/2024

"US Raises Truck, SUV Fuel Economy Rules, Much Less Than First Proposed"

"President Joe Biden's administration Friday finalized tighter vehicle fuel economy rules through 2031 that are significantly less stringent than first proposed, a win for the Detroit Three automakers who lobbied heavily for revised rules."

Source: Reuters, 06/10/2024

"EPA Balked At TVA’s Fossil Fuel Plant, Then Stepped Aside"

"Top EPA officials supported a rebuke of the Tennessee Valley Authority’s environmental review of a gas-fueled power plant this spring, but they backed off when the electric utility ignored their criticism."

Source: E&E News, 06/07/2024

Calif. Oil Town Chose Oil-Tied Firm to Review Impacts of a Drilling Permit

"Signal Hill Petroleum spent millions to overturn California’s landmark law protecting neighborhoods from oil drilling. Now it wants to drill dozens of new wells in a city established a century ago to avoid taxes on oil development."

Source: Inside Climate News, 06/07/2024

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