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Started By
Message
re: Occidental Makes a Billion-Dollar Climate Moonshot—So It Can Keep Pumping Oil
Posted on 4/11/23 at 10:26 am to offshoreangler
Posted on 4/11/23 at 10:26 am to offshoreangler
quote:
Interesting...capturing carbon not to be used in EOR, but to sell carbon credits.
I think there’s some mechanism to get some carbon credits with EOR operations; however, my very elementary understanding is that EOR can’t be taking place in order to gain the higher California (CARB) credits.
Someone here with more knowledge please correct me if that is wrong.
This post was edited on 4/11/23 at 10:27 am
0
Posted on 4/11/23 at 10:36 am to Cajunhawk81
quote:
Let it happen. Bad decisions need to have bad outcomes.
Except this is a bad decision funded by the taxpayer
Posted on 4/11/23 at 10:46 am to ragincajun03
Why don’t they just build a space traveling maid with a vacuum
Posted on 4/11/23 at 10:48 am to ragincajun03
quote:
About fifty miles southwest of Midland, Texas, deep in the oil-saturated Permian Basin,
Are carbon emissions really strong here? I would think this would be best done (if you are going to do it) near high concentration cities.
This post was edited on 4/11/23 at 10:50 am
Posted on 4/11/23 at 10:54 am to ragincajun03
Follow the money...
A billion dollar panacea has got to have pauoffs
A billion dollar panacea has got to have pauoffs
Posted on 4/11/23 at 11:17 am to ragincajun03
quote:
the fans will suck massive amounts of carbon dioxide out of the air.
So they're going to kill all of the plants and the kill all living things.
But hey... At least we won't have all be dead in 8 years from polar bears floating on ice!
Posted on 4/11/23 at 11:41 am to Northshoretiger87
quote:
Is this the same Occidental responsible for the Bayou Corn sinkhole mess?
And Love Canal, too.
A coworker had an idea a couple of years ago to buy up a lot of forest land and then lease plots to companies so they could claim some sort of carbon dioxide remediation credits.
Posted on 4/11/23 at 11:43 am to ragincajun03
quote:This is necessary for industry in LA to continue operating.
Point-source sequestration is on its way to Louisiana.
quote:This is an absolute sham and waste of taxpayer dollars
Very curious to see if this air capture stuff can work efficiently and if projects like this will also find it way to Louisiana.
Posted on 4/11/23 at 11:47 am to ragincajun03
What happens when these giant fans start to get clogged by leaves and birds?
Posted on 4/11/23 at 11:55 am to LSUBFA83
quote:
What happens when these giant fans start to get clogged by leaves and birds?
Imagine those things in South Louisiana during peak lovebug and june bug season. Nasty and smelly.
Posted on 4/11/23 at 12:00 pm to Ostrich
quote:
Except this is a bad decision funded by the taxpayer
One of many, act accordingly.
Posted on 4/11/23 at 12:00 pm to roguetiger15
quote:
Why don’t they just build a space traveling maid with a vacuum
That Mel Brooks was some kind of visionary
Posted on 4/11/23 at 12:43 pm to ragincajun03
So let’s take a naturally occurring gas, that is poisonous when concentrated and heavier than air and pump fast quantities of it into the ground in an area that’s flat and barely above sea level.
What could possibly go wrong?
What could possibly go wrong?
Posted on 4/11/23 at 1:16 pm to SquatchDawg
quote:Very little actually, just speaking from the storage underground perspective. Capturing it out the air is really stupid but the process itself has very little to zero risk.
What could possibly go wrong?
Posted on 4/11/23 at 1:21 pm to notiger1997
quote:
Especially when the “welfare” is helping industry pay for stupid arse government regulations/climate change initiatives
That’s part of the equation too.
How many of these projects are being done so that oil & gas operators can show how they are “offsetting” their emissions in exchange for being able to continue getting their federal drill permits in Wyoming, Permian New Mexico, GOM, etc approved?
Posted on 4/11/23 at 2:07 pm to ragincajun03
EPA: Sir, we are going to have to shut down your billion dollar fans because they killed a male spotted owl.
Oxy: Are spotted owls still endangered?
EPA: No, but this one was born a female.
Oxy: Are spotted owls still endangered?
EPA: No, but this one was born a female.
This post was edited on 4/11/23 at 2:08 pm
Posted on 4/11/23 at 2:11 pm to ragincajun03
Such a waste of tax dollars just moving around to other pockets.
Posted on 4/11/23 at 2:29 pm to ragincajun03
quote:
a budding technology with fuzzy economics.
Economics usually only get fuzzy when the government is involved.
Posted on 4/11/23 at 2:31 pm to tigerbutt
quote:
Such a waste of tax dollars just moving around to other pockets.
they would either pay taxes to the government to send to Ukraine or invest them in this thats at least getting out to people and making some jobs. It's not ideal, but it's the least worst current option.
Posted on 4/11/23 at 3:00 pm to Bjorn Cyborg
quote:
"I'm going to be an a-hole. But if you are extra nice, I can pay you and get some nice credits and everything is good"
I want to make a parallel to the Church selling indulgences here...
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