Climate Change and the Oil Patch


by Swisscan (Flickr.com)

Is it just me or is there something perverse about this?

Congressional proposals to limit carbon dioxide and encourage technology to capture greenhouse gases could be a boon for both the environment and domestic oil producers, energy analysts said Wednesday.

House-passed climate change legislation would put new limits on carbon dioxide emissions nationwide, making it financially attractive to capture the gas. Senators are considering adding proposals to promote the rapid deployment of carbon capture and storage technology.

Captured CO2 could then be used to glean residual oil from developed reservoirs nationwide and potentially boost U.S. oil production as much as 3.6 million barrels daily, according to a report released Wednesday by the energy research firm Advanced Resources International.

I’m not staking out a position for or against. But you gotta wonder: Can we really ratchet down greenhouse gas emissions by increasing fossil fuel production?

Do you think free access to journalism like this is important?
The Texas Observer depends on support from its members to keep telling stories like the one you are reading now. This fall we're looking for 200 more sustaining members—people like you who can give us as little as $0.99 per month. Your membership means we can continue shedding light on issues that might otherwise go unreported. Can we count on you?


Forrest Wilder, a native of Wimberley, Texas, is the editor of the Observer.


You May Also Like:

Top