“The CO2 helps unlock and recover crude oil from mature oil fields and residual oil zones. We use a good portion of this CO2 in our own EOR projects….” (Kinder-Morgan)
“Many climate activists will have nothing to do with CCS because of its prominent/dominant role in enhanced oil recovery. But here is the Carbon Capture Coalition, with a green eye shade, promoting the very technology to increase American Energy Dominance.” (below)
Carbon capture and storage (CCS) is a new realm of rent-seeking in the all-things-climate debate. The Carbon Capture Coalition (a revamp of the National Enhanced Oil Recovery Initiative) describes itself as “a nonpartisan coalition supporting the deployment and adoption of carbon capture technology … to foster domestic energy production, support jobs and reduce emissions, all at the same time.”…
Continue ReadingThe Paris agreement’s nosedive has been expedited by the growing skepticism about man-made global warming.
However, the most significant threat to the agreement has come from countries that refuse to quench their addiction to coal. Among them is the largest consumer of coal: China.
China’s continued defiance of the anti-coal establishment has dealt a lethal blow to the future prospects of the Paris agreement. Here are some key indicators from China which suggest that the chance of a comeback for the Paris agreement is slim to none.
China’s Significance to the Paris Agreement
The Paris agreement is the United Nations’ flagship climate agreement that originally came into effect in 2015. Donald Trump’s decision to pull the United States out of the agreement served as the first blow to the agreement.…
Continue ReadingDuring a visit to the [Wall Street Journal] … to discuss climate change with its editorial board in 2012, [George] Shultz had dropped mention of [the founder of Theranos] who he felt certain was going to revolutionize medicine with her technology.
George Shultz, a stalwart of the Republican Party given his posts in the Nixon and Reagan administrations, and his association with the Hoover Institution at Stanford University, has been a prominent activist for pricing (taxing) carbon dioxide (CO2) emissions, a quite Progressive, Democrat notion.
Did Statesman Shultz wake up one morning alarmed about the human influence on global climate? Is he doing this from his own sense of righteousness? Or was he lobbied hard and paid handsomely for his advocacy? This rhetorical question applies also to James A.…
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