Oil industry

Methane, a potent greenhouse gas, is being released from landfills and oil and gas operations around the world in far larger amounts than governments realized, recent airborne and satellite surveys show. That’s a problem for the climate as well as human health. It’s also why the U.S. government has been tightening regulations on methane leaks and wasteful venting, most recently from oil and gas wells on public lands. The good news is that many of those leaks can be fixed – if they’re spotted quickly. Riley Duren, a research scientist at the University of Arizona and former NASA engineer and scientist, leads Carbon Mapper, a nonprofit that is planning a constellation of methane-monitoring satellites. Its first satellite, a partnership with NASA’s Jet Propulsion Laboratory and the Earth-imaging company Planet Labs, launches in 2024. Duren explained how new satellites are changing companies’ and governments’ ability to find and stop methan...

go to read

Earth Day is April 22, and climate activists around the world are planning rallies and other events to draw attention to the growing threats posed by climate change. Many of these demonstrations will focus on what humanity can do to stop fueling the damage. But while activists are amplifying the dire findings from scientists, you’ll likely see fossil fuel supporters attacking them on social media and TV. It’s easy to get caught up in the myths about climate activism, particularly in today’s polarized political environment. So, let’s take a moment to explore the truth about three of the big myths being told about climate activism and the climate movement today. Myth 1: Climate activists are just young people The media tends to focus most of its attention on young people in the climate movement, including those inspired by Greta Thunberg’s school strikes for climate, the international Fridays for Future, or the Sunrise Movement, which focuses on U....

go to read

Capturing carbon dioxide from the air or industries and recycling it can sound like a win-win climate solution. The greenhouse gas stays out of the atmosphere where it can warm the planet, and it avoids the use of more fossil fuels. But not all carbon-capture projects offer the same economic and environmental benefits. In fact, some can actually worsen climate change. I lead the Global CO₂ Initiative at the University of Michigan, where my colleagues and I study how to put captured carbon dioxide (CO₂) to use in ways that help protect the climate. To help figure out which projects will pay off and make these choices easier, we mapped out the pros and cons of the most common carbon sources and uses. Replacing fossil fuels with captured carbon Carbon plays a crucial role in many parts of our lives. Materials such as fertilizer, aviation fuel, textiles, detergents and much more depend on it. But years of research and the climate changes the world is already experienci...

go to read

Fifty years ago, a secret deal among Arab governments triggered one of the most traumatic economic crises to afflict the United States and other big oil importers. Saudi King Faisal and other Arab leaders launched an oil embargo on Oct. 17, 1973, as payback for Washington siding with Israel in its war with neighboring Egypt and Syria. The oil market hostilities arose from a pact between Faisal and the leaders of Egypt and Syria, whose armies planned surprise drives to retake their territory under Israeli occupation. If the United States intervened to assist Israel, Faisal and other Arab producers agreed to retaliate with the “oil weapon.” When Washington airlifted in U.S. weapons that helped Israel thwart Arab gains, Faisal and OPEC’s Arab members retaliated. They increased oil prices, banned oil shipments to the United States and cut production by 5% per month. The ensuing economic and political carnage is legendary. The embargo catalyzed a long period of...

go to read

Electric vehicle sales are growing faster than expected around the world, and sales of gas- and diesel-powered vehicles have been falling. Yet, the U.S. government still forecasts an increasing demand for oil, and the oil industry is doubling down on production plans. Why is that, and what happens if the U.S. projections for growing oil demand are wrong? I study sustainability and global energy system transformations. Let’s take a closer look at the changes underway. EVs’ giant leap forward On Sept. 12, 2023, Fatih Birol, director of the International Energy Agency, an intergovernmental organization that advises the world’s major economies, drew global attention when he wrote in the Financial Times that the IEA is now projecting a global peak in demand for oil, gas and coal by 2030. The new date was a significant leap forward in time compared with previous estimates that the peak would not be until the 2030s for oil and even later for gas. It also stood out...

go to read
^