• 2 minutes U.S. Presidential Elections Status - Electoral Votes
  • 5 minutes “Cushing Oil Inventories Are Soaring Again” By Tsvetana Paraskova
  • 7 minutes United States LNG Exports Reach Third Place
  • 4 hours https://www.prageru.com/video/whats-wrong-with-wind-and-solar/
  • 3 hours The World Economic Forum & Davos - Setting the agenda on fossil fuels, global regulations, etc.
  • 13 mins Joe Biden's Presidency
  • 27 mins Here it is, the actual Complaint filed by Dominion Voting Machines against Sydney Powell
  • 1 day JACK MA versus Xi Jinping
  • 43 mins Is the Chinese CCP Following the Left's Leadership, or the Left Following the CCP's?
  • 24 hours Researchers Are Harvesting Precious Metals From Industrial Waste
  • 7 hours CNN's Jake Tapper questions double amputee purple heart recipient GOP Rep's commitment to democracy. Tapper is a disgrace.
  • 7 hours 'Get A Loan,' Commerce Chief Tells Unpaid Federal Workers
  • 10 hours Minerals, Mining and Industrial Ecology
  • 14 hours Do Republicans like Liz Cheney, Adam Kinzinger, Mitt Romney and now McConnell think voting for Impeachment can save the party ? Without Trump base what is the Republican constituency ? It's over.
  • 2 days Tonight Twitter took down Trump's personal account permanently. Trump responded on the POTUS account.
Ukraine Is Failing To Capitalize On Its Gas Potential

Ukraine Is Failing To Capitalize On Its Gas Potential

Ukraine’s 2019 upstream licensing round…

Pipeline Woes Hit Libya Oil Production

Pipeline Woes Hit Libya Oil Production

A leak that forced the…

IEA Chief: U.S. Emission Cuts The Largest In Energy History

The U.S. carbon dioxide emissions reduction over the past decade has been the largest cut in emissions in the history of energy, Dr. Fatih Birol, the Executive Director of the International Energy Agency (IEA), said at a press conference in Washington D.C. on Thursday.

“In the last 10 years, the emissions reduction in the United States has been the largest in the history of energy,” Birol said at a joint press conference with U.S. Secretary of Energy Rick Perry.

“Almost 800 million tons, and this is a huge decline of emissions,” the IEA’s executive director noted.

As per latest available IEA data, global energy-related CO2 emissions rose by 1.4 percent to reach a historic high in 2017, the first increase in emissions after three years of global emissions remaining flat. However, carbon emissions growth last year was not universal, with emissions in major advanced economies, including the United States, the United Kingdom, and Japan, declining. The biggest decline in 2017 came from the United States, mainly because of higher deployment of renewables, according to the IEA.

The U.S. emissions reduction over the past decade has been chiefly due to natural gas-fired electricity capacity displacing coal-fired power plants thanks to the U.S. shale boom. Rising renewable energy deployment across the U.S. has also helped to cut carbon emissions.

“Like Dr. Birol has said many times, without carbon capture, any planned climate target is impossible to meet,” Secretary Perry said at the press conference.

“We believe that you can’t have a serious conversation about reducing emissions without including nuclear energy and carbon capture technology,” said Secretary Perry on the day on which he also announced the selection of eight projects to receive nearly US$24 million in federal funds for cost-shared research and development (R&D) for ‘Novel and Enabling Carbon Capture Transformational Technologies.’

The selected projects will focus on the development of technologies to address scientific challenges and knowledge gaps associated with reducing the cost of carbon capture, the Department of Energy said.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment
  • Suqi Madiqi on March 03 2019 said:
    Fact 1: Fracking is NOT causing most of the induced earthquakes. Wastewater disposal is the primary cause of the recent increase in earthquakes in the central United States.

    Wastewater disposal wells typically operate for longer durations and inject much more fluid than hydraulic fracturing, making them more likely to induce earthquakes. In Oklahoma, which has the most induced earthquakes in US, only 1-2% of the earthquakes can be linked to hydraulic fracturing operations. The remaining earthquakes are induced by wastewater disposal.
    -https://earthquake.usgs.gov/research/induced/myths.php

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News