Takeaways: Keep repeating that gas is the next coal! It increases the uncertainty for investors, makes it seem like a loser, equates the climate impacts, and emphasizes the importance for having a just transition plan. “No one’s going to build another oil- or gas-fired electric plant, they’re going to build one that is fired by renewable energy,” Biden said, noting the …
In New Mexico it’s estimated that by 2030, oil and gas extraction will produce as much carbon dioxide as 141 coal-fired power plants. CO & NM Governors need to ramp down extraction.
Renewable energy and electrification of transportation and buildings are all within reach. But we can’t effectively mobilize these alternatives while simultaneously condoning increases in oil and gas extraction. With fossil fuels, there are no win-win solutions when it comes to the climate crisis. We either fully move away from the production and consumption of coal, oil and gas, or fail. …
Anti-fracking Green New Deal supporter is new Senator from Pennsylvania
We learned in this election is that you absolutely do NOT have to be pro-fracking to win in a redder state than Colorado. Biden proved that wrong, campaigning on ending fracking on public lands and speaking the truth, that we do need to get off of oil/fossil fuels. Or take Nikil Saval, the Green New Deal candidate who won the senate race …
‘Zombie’ Oil Wells Threaten the Whole Planet: Methane seeping from a quarter of suspended wells
‘Zombie’ Oil Wells Threaten the Whole Planet (The New York Times) After decades of booms and busts, a growing backlog of inactive oil wells in Canada could be leaking methane gas into the atmosphere, where it’s 80 times more potent at warming the planet than carbon dioxide, the New York Times reports. In Alberta, there are now 97,920 suspended wells, …
Rocky Mountain Fracker Extraction Oil Greased the Political Skids in Colorado: Before filing for bankruptcy, company spent millions to influence local regulations affecting its business
https://www.wsj.com/articles/rocky-mountain-fracker-extraction-oil-greased-the-political-skids-in-colorado-11600853402 Erin Martinez argued for stricter regulations on oil-and-gas companies during a commission hearing in Greeley, Colo., last year. Ms. Martinez lost her husband and her brother in a 2017 explosion linked to the industry. PHOTO: ALEX MCINTYRE/ASSOCIATED PRESS By Peg Brickley, Sept. 23, 2020 In the two years before it went bankrupt in June, Extraction Oil & Gas Inc. funneled more than $10 million into political …
Clean Energy Is Canceling Gas Plants
September 30, 2020 | By Molly Keleher, Mark Dyson, and Alex Engel While COVID-19 has disrupted many aspects of the economy and daily life in 2020, the trend toward clean electricity is still going strong. Renewable energy and storage technology costs continue to fall, with expanding adoption by utilities and other investors, while new gas-fired power plants face ever-stronger financial headwinds. Data …
$7 billion estimate for CO abandoned well closures
Dave Sirota – This spring, states pitched the Trump administration on an innovative jobs proposal: use federal stimulus funds to hire thousands of unemployed fossil fuel workers to plug oil and gas wells leaking emissions that are intensifying the climate crisis. Instead, the Trump White House funneled nearly $100 billion in bailouts to oil and gas corporations through the Federal …
Colorado draws 2,000-foot statewide oil and gas drilling setback
Regulators on Thursday set the new setback rule with “offramps” oil and gas companies can use to get as close as 500 feet to houses. A formal vote will come Nov. 6. Sept 24, Mark Jaffe, Colorado Sun Colorado is poised to impose the biggest statewide oil and gas drilling setback in the nation – 2,000 feet from homes and …
Over 3 million abandoned oil and gas wells across the United States, and more than 2 million of them are “unplugged”
September 2020 More than 100 years of drilling have left 3 million abandoned oil and gas wells across the United States, and more than 2 million of them are “unplugged” according to the U.S. Environmental Protection Agency. Far from mere eyesores or local environmental hazards, these abandoned wells gush millions of metric tons of methane – 84 times more potent than carbon dioxide over …
Xcel Energy, oil industry skeptical of electrification proposal
THE BUSINESS JOURNALS Xcel Energy, Colorado’s largest power provider, told state regulators it’s not ready to electrify large numbers of big gas-fueled stationary engines that pressurize natural gas distribution pipelines and oil and gas wells in the state — at least not on the timeline proposed to Colorado air quality regulators by the National Parks Conservation Association. The engines in …