CO2 Emissions
Global CO2 emission declines in 2017 were led by the US. This is 9th time in this century that US has had the largest decline in emissions in the world.
Global CO2 emission declines in 2017 were led by the US. This is 9th time in this century that US has had the largest decline in emissions in the world.
The U.S. Interior Department recently announced that $61.6 million in revenues from offshore oil and natural gas will be distributed to all 50 states, U.S. territories and the District of Columbia...
The Environmental Defense Fund's Fred Krupp: "Natural gas has already helped clean the air. Natural gas has the potential to also help lower greenhouse gas emissions..."
Today the American Petroleum Institute commended EPA for fair and equitable treatment of the reallocation question on small refinery waivers in the proposed 2019 biofuel obligations under the Renewable Fuel Standard, but said the RFS remains flawed and needs to be reformed.
The US is now on track to become one of the world's major LNG exporters, the report notes... The report observes that shale gas also has made a major contribution to reducing US carbon dioxide emissions.
The US and Canada will need to invest a combined $791 billion, in real 2016 dollars, or an average $44 billion/year, for new natural gas, crude oil, and natural gas pipeline transportation systems from 2018 through 2035, the INGAA Foundation Inc. predicted in a new report.
Global energy consumption has essentially just begun: around 85% of the global population - 6 in every 7 humans - still lives in developing nations.
The impact of the production cuts by OPEC and its allies would have been even bigger if not for the gains in U.S. tight oil and natural gas liquids, which have grown by almost 2 million b/d since October 2016...
Given our country's much improved energy outlook, some may question why we're still importing crude oil and refined products.