A Methane Pandemic: Millions of Abandoned Wells Are Leaking into the Atmosphere

A Methane Pandemic: Millions of Abandoned Wells Are Leaking into the Atmosphere

As the candidates debate fracking, millions of abandoned natural gas wells are leaking literally tons of methane into the atmosphere, and there’s no fix in sight. There are an estimated 3.2 million abandoned oil and gas wells in the United States, and an estimated 29 million worldwide.

Why This Matters:  Methane leaks are dangerous — they have led to reports of tap water catching fire, toxic groundwater, and fatal explosions, all of which have been motivators for the federal government to track and seal these wells.

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California Issues 190% More New Oil and Gas Drilling Permits

California Issues 190% More New Oil and Gas Drilling Permits

 

 

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NC Denies Pipeline Project Permit Due to Water Quality and Project Risks

NC Denies Pipeline Project Permit Due to Water Quality and Project Risks

The North Carolina Department of Environmental Quality (NC DEQ) on Monday rejected the permit application of the MVP Southgate natural gas pipeline project, a $458M, 75-mile extension of the Mountain Valley Pipeline (MVP) that would cross numerous water bodies. 

Why This Matters: This is yet another blow to the natural gas and pipeline industries.

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Climate TRACE Project Aims to Identify Carbon Emissions Everywhere In Real Time

Climate TRACE Project Aims to Identify Carbon Emissions Everywhere In Real Time

To comply with the Paris Climate Agreement it is crucial to actually track the emissions of greenhouse gases from places like power plants and factories. One newly announced project, Climate TRACE (Tracking Real-Time Atmospheric Carbon Emissions) Coalition, a coalition of nonprofits and tech companies backed by Al Gore, is working to identify emissions from every single specific source, Adele Peters reported in Fast Company yesterday.

Why This Matters: Currently, emissions data is often self-reported, and, according to Fast Company, it “can sometimes take years for the data to be gathered.”

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Chesapeake Energy Files For Bankruptcy Protection Due to Debts and Slumping Gas Prices

Chesapeake Energy Files For Bankruptcy Protection Due to Debts and Slumping Gas Prices

Chesapeake Energy, one of the first companies to take advantage of directional drilling and push fracking, filed for Chapter 11 bankruptcy protection in Houston on Sunday, the latest victim of the oil and gas price plunge caused by the COVID-19 pandemic. 

Why This Matters:  This is one of the most high profile firms to fall apart during the pandemic, but due to the long term economics of oil and gas, it won’t be the last.

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Cabot Oil and Gas Charged With Environmental Crimes

Cabot Oil and Gas Charged With Environmental Crimes

On Monday, Houston-based Cabot Oil & Gas Corp. was charged with environmental crimes by the Pennsylvania attorney general following a grand jury investigation that found the company failed to fix faulty gas wells in its operations along the Marcellus Shale. The Pittsburgh Post-Gazette reported that Pennsylvania Attorney General Josh Shapiro said that Cabot will face […]

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