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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NY Denies Water Permit to Build Pipeline for Gas, Wants to Build Transmission Line Instead

NY Denies Water Permit to Build Pipeline for Gas, Wants to Build Transmission Line Instead

New York state environmental regulators denied for a third time a permit for a pipeline that would transport fracked natural gas from Pennsylvania to New York City and Long Island for two reasons: water quality in the Long Island Sound and fidelity to the state’s new law that requires the New York to transition its power sector to net-zero emissions by 2040 and reduce overall greenhouse gas emissions by 85 percent from 1990 levels by 2050. 

Why This Matters:  This is how the stimulus funding from the federal government should work — it must be used to build cleaner and more efficient new infrastructure that decreases our dependence on fossil fuels.

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Despite Reg Rollbacks, Fracking Businesses Struggle Due to Oil and Gas Glut

Despite Reg Rollbacks, Fracking Businesses Struggle Due to Oil and Gas Glut

A judge on Friday upheld the Trump Administration’s rollback of environmental standards for fracking on federal land saying that the President’s rule change met the “low bar” of providing enough explanation to stand, The Hill reported The Obama rule required companies to say what chemicals they use in fracking, make them cover surface ponds that contain fracking fluids and also set well construction.

Why This Matters:  This rollback is on top of the suspension of enforcement of environmental rules that the Administration announced on Thursday.

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Energy And Transportation Sectors Feel Ripple Effects of Coronavirus – Will There Be Climate Benefits?

Energy And Transportation Sectors Feel Ripple Effects of Coronavirus – Will There Be Climate Benefits?

Oil and gas producers are being impacted by the spread of COVID-19 as Conoco-Phillips has canceled the travel of hundreds of workers who shuttle up to the oil fields on the North Slope of Alaska while workers currently there work an additional week, and in North Dakota the oil and gas commission is considering banning operators from either selling more unwanted Bakken crude oil or even forcing them to abandon wells completely.

Why This Matters:  The up and down sides of the scrambled new world order are coming into focus.

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