The new Biden administration rule will limit methane emissions, but critics say it's time to stop drilling for fossil fuels.
A gas flare is seen at an oil well site outside Williston, North Dakota.
(Photo: Andrew Burton/Getty Images)
THOR BENSON
Mar 28, 2024
COMMON DREAMS
The Biden administration on Tuesday finalized rules that will force oil and gas companies to reduce their methane emissions, but critics say the administration needs to do more to curb a key driver of the planet-warming pollution: fossil fuel drilling.
Methane is a potent greenhouse gas, and the Bureau of Land Management's new rules will require that fossil fuel companies contain methane leaks at oil and natural gas wells that are on federal land, and they will also have to limit how much methane they burn off.
Critics say the only solution that will truly address the climate crisis is to stop drilling entirely. Recently released Interior Department data shows that the Biden administration has approved close to 50% more oil and gas drilling permits on public lands than the Trump administration did during its first three years.
"The best way to eliminate methane pollution from public lands is to stop fossil fuel drilling, period. In the midst of a climate emergency, we need to take the actions necessary to stop pollution once and for all," Food & Water Watch Policy Director Jim Walsh said in a statement. "We look forward to working with climate champions in Congress like Rep. Jan Schakowsky to pass the Future Generations Protection Act to ban fracking on public lands and everywhere else."
Some praised the new rules as needed progress, including Sen. Ed Markey (D-Mass.).
Interior Secretary Deb Haaland said in a statement Tuesday that “this final rule, which updates 40-year-old regulations, furthers the Biden-Harris administration’s goals to prevent [methane] waste, protect our environment and ensure a fair return to American taxpayers.”
Methane can trap far more heat than CO2, so limiting emissions is a critical part of addressing the climate crisis. Despite pledging to cut methane emissions, oil and gas companies have not significantly reduced emissions in recent years. The U.S. is currently the largest emitter of methane from oil and gas in the world.
The International Energy Agency says major reductions in methane emissions need to be made if the world is going to avert catastrophic global warming.
The Biden administration on Tuesday finalized rules that will force oil and gas companies to reduce their methane emissions, but critics say the administration needs to do more to curb a key driver of the planet-warming pollution: fossil fuel drilling.
Methane is a potent greenhouse gas, and the Bureau of Land Management's new rules will require that fossil fuel companies contain methane leaks at oil and natural gas wells that are on federal land, and they will also have to limit how much methane they burn off.
Critics say the only solution that will truly address the climate crisis is to stop drilling entirely. Recently released Interior Department data shows that the Biden administration has approved close to 50% more oil and gas drilling permits on public lands than the Trump administration did during its first three years.
"The best way to eliminate methane pollution from public lands is to stop fossil fuel drilling, period. In the midst of a climate emergency, we need to take the actions necessary to stop pollution once and for all," Food & Water Watch Policy Director Jim Walsh said in a statement. "We look forward to working with climate champions in Congress like Rep. Jan Schakowsky to pass the Future Generations Protection Act to ban fracking on public lands and everywhere else."
Some praised the new rules as needed progress, including Sen. Ed Markey (D-Mass.).
Interior Secretary Deb Haaland said in a statement Tuesday that “this final rule, which updates 40-year-old regulations, furthers the Biden-Harris administration’s goals to prevent [methane] waste, protect our environment and ensure a fair return to American taxpayers.”
Methane can trap far more heat than CO2, so limiting emissions is a critical part of addressing the climate crisis. Despite pledging to cut methane emissions, oil and gas companies have not significantly reduced emissions in recent years. The U.S. is currently the largest emitter of methane from oil and gas in the world.
The International Energy Agency says major reductions in methane emissions need to be made if the world is going to avert catastrophic global warming.
US Leads Charge as Surge of Oil and Gas Projects Threaten Hope for Livable Planet
"The science is clear: No new oil and gas fields, or the planet gets pushed past what it can handle," said one analyst.
There are over 1,100 oil-producing wells in the McKittrick oil field, just north of the town of McKittrick, California.
(Photo: Carolyn Cole/Los Angeles Times via Getty Images)
JULIA CONLEY
Mar 28, 2024
COMMON DREAMS
Fossil fuel-producing countries late last year pledged to "transition away from fossil fuels," but a report on new energy projects shows that with the United States leading the way in continuing to extract oil and gas, governments' true views on renewable energy is closer to a statement by a Saudi oil executive Amin Nasser earlier this month.
"We should abandon the fantasy of phasing out oil and gas," the CEO of Saudi Aramco, the world's largest oil company, said at an energy conference in Houston.
A new report published Wednesday by Global Energy Monitor (GEM) suggests the U.S. in particular has abandoned any plans to adhere to warnings from climate scientists and the International Energy Agency (IEA), which said in 2021 that new oil and gas infrastructure has no place on a pathway to limiting planetary heating to 1.5°C.
Despite the stark warning, last year at least 20 oil and gas fields worldwide reached "final investment decision," the point at which companies decide to move ahead with construction and development. Those approvals paved the way for the extraction of 8 billion barrels of oil equivalent (boe).
By the end of the decade, companies aim to sanction nearly four times that amount, producing 31.2 billion boe from 64 oil and gas fields.
The U.S. led the way in approving new oil and gas projects over the past two years, GEM's analysis found.
NO CANADA LISTED!!!
ALONG WITH AN EXAGGERATED
"The science is clear: No new oil and gas fields, or the planet gets pushed past what it can handle," said one analyst.
There are over 1,100 oil-producing wells in the McKittrick oil field, just north of the town of McKittrick, California.
(Photo: Carolyn Cole/Los Angeles Times via Getty Images)
JULIA CONLEY
Mar 28, 2024
COMMON DREAMS
Fossil fuel-producing countries late last year pledged to "transition away from fossil fuels," but a report on new energy projects shows that with the United States leading the way in continuing to extract oil and gas, governments' true views on renewable energy is closer to a statement by a Saudi oil executive Amin Nasser earlier this month.
"We should abandon the fantasy of phasing out oil and gas," the CEO of Saudi Aramco, the world's largest oil company, said at an energy conference in Houston.
A new report published Wednesday by Global Energy Monitor (GEM) suggests the U.S. in particular has abandoned any plans to adhere to warnings from climate scientists and the International Energy Agency (IEA), which said in 2021 that new oil and gas infrastructure has no place on a pathway to limiting planetary heating to 1.5°C.
Despite the stark warning, last year at least 20 oil and gas fields worldwide reached "final investment decision," the point at which companies decide to move ahead with construction and development. Those approvals paved the way for the extraction of 8 billion barrels of oil equivalent (boe).
By the end of the decade, companies aim to sanction nearly four times that amount, producing 31.2 billion boe from 64 oil and gas fields.
The U.S. led the way in approving new oil and gas projects over the past two years, GEM's analysis found.
NO CANADA LISTED!!!
ALONG WITH AN EXAGGERATED
GUYANA MAKES THIS SUSPICOUS
An analysis by Carbon Brief of GEM's findings shows that burning all the oil and gas from newly discovered fields and approved projects would emit at least 14.1 billion tonnes of carbon dioxide.
"This is equivalent to more than one-third of the CO2 emissions from global energy use in 2022, or all the emissions from burning oil that year," said Carbon Brief.
GEM noted in its analysis that oil companies and the policymakers who continue to support their planet-heating activities have come up with numerous "extraction justifications" even as the IEA has been clear that new fossil fuel projects are incompatible with avoiding catastrophic planetary heating.
The report notes that U.S. Sen. Lisa Murkowski (R-Alaska) "supported ConocoPhillips' Willow oil field, arguing that the Alaskan oil and gas industry has a 'better environmental track record,' and not approving the project 'impoverish[es] Alaska Natives and blame[s] them for changes in the climate that they did not cause.'"
Carbon Brief reported that oil executives have claimed they are powerless to stop extracting fossil fuels since demand for oil and gas exists for people's energy needs, with ExxonMobil CEO Darren Woods tellingFortune last month that members of the public "aren't willing to spend the money" on renewable energy sources.
A poll by Pew Research Center last year found 67% of Americans supported the development of alternative energy sources. Another recent survey by Eligo Energy showed that 65% of U.S. consumers were willing to pay more for renewable energy.
"Oil and gas producers have given all kinds of reasons for continuing to discover and develop new fields, but none of these hold water," said Scott Zimmerman, project manager for the Global Oil and Gas Extraction Tracker at GEM. "The science is clear: No new oil and gas fields, or the planet gets pushed past what it can handle."
Climate scientist and writer Bill McGuire summarized the viewpoint of oil and gas executives and pro-fossil fuel lawmakers: "Climate emergency? What climate emergency?"
The continued development of new oil and gas fields, he added, amounts to "pure insanity."
"This is equivalent to more than one-third of the CO2 emissions from global energy use in 2022, or all the emissions from burning oil that year," said Carbon Brief.
GEM noted in its analysis that oil companies and the policymakers who continue to support their planet-heating activities have come up with numerous "extraction justifications" even as the IEA has been clear that new fossil fuel projects are incompatible with avoiding catastrophic planetary heating.
The report notes that U.S. Sen. Lisa Murkowski (R-Alaska) "supported ConocoPhillips' Willow oil field, arguing that the Alaskan oil and gas industry has a 'better environmental track record,' and not approving the project 'impoverish[es] Alaska Natives and blame[s] them for changes in the climate that they did not cause.'"
Carbon Brief reported that oil executives have claimed they are powerless to stop extracting fossil fuels since demand for oil and gas exists for people's energy needs, with ExxonMobil CEO Darren Woods tellingFortune last month that members of the public "aren't willing to spend the money" on renewable energy sources.
A poll by Pew Research Center last year found 67% of Americans supported the development of alternative energy sources. Another recent survey by Eligo Energy showed that 65% of U.S. consumers were willing to pay more for renewable energy.
"Oil and gas producers have given all kinds of reasons for continuing to discover and develop new fields, but none of these hold water," said Scott Zimmerman, project manager for the Global Oil and Gas Extraction Tracker at GEM. "The science is clear: No new oil and gas fields, or the planet gets pushed past what it can handle."
Climate scientist and writer Bill McGuire summarized the viewpoint of oil and gas executives and pro-fossil fuel lawmakers: "Climate emergency? What climate emergency?"
The continued development of new oil and gas fields, he added, amounts to "pure insanity."
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