It is unlikely that the debate will ever be settled but this is a cool graphic depicting key issues among the climate change deniers and believers.
Gorgon’s new model for liabilities of carbon capture and sequestration
The WSJ has an interesting blog uncovering an under-reported aspect of the $37-billion Gorgon natural gas project in Australia being developed by Chevron, ExxonMobil, and Shell. Under the terms of the agreement, the companies will be responsible for the storage of the carbon-dioxide resulting from the natural-gas project during its operating lifetime and for 15 years […]
Wanted: Higher carbon prices
If we want higher carbon prices to incentivize projects that reduce carbon emissions, the latest auction in the United States’ only mandated carbon market — the Regional Greenhouse Gas Initiative — wasn’t good news. The price of a ton of carbon dioxide equivalent fell from $3.23 in June to $2.19 this month. Why? Utilities are […]