OTTAWA — The federal government is proposing to use an industry-specific cap-and-trade system or a modified carbon pricing system to set a ceiling for emissions from the oil and gas sector and drive them down almost 40 per cent by the end of this decade. The two opt...
Oil and gas exploration situation PetroChina has launched 138 oil and gas exploration projects in total in 2001 with the plans to have additional oil recoverable reserves of more than 80 million tons and additional natural gas recoverable reserves of 60 billion cubic meters.……关键词: GAS than ...
Even as the US debates an economy-wide CO cap-and-trade policy the transportation sector remains a significant oil security and climate change concern. Transportation alone consumes the majority of the US's imported oil and produces a third of total US Greenhouse-Gas (GHG) emissions. This ...
Fear for oil exhaustion and its consequences on economic growth has been a driver of a rich literature on exhaustible resources from the 1970s onwards. But our view on oil has remarkably changed and we now worry how we should constrain climate change damages associated with oil and other ...
The EU’s systemic energy-policy “own goals” since its initial energy-crisis win after Moscow began cutting gas exports early in 2021. Reforming failed/ineffective Russian price-cap sanctions for real sanctions, and how the global oil market is now favorable for “maximum pressur...
So while it’s unsurprising that the coal industry has suffered immense financial stress over the past decade, the same is true of the oil and gas industry. Despite strong demand growth for its products, the prices of oil and natural gas have fallen by more than 50% in recent years. ...
US produced 571 million metric tons of oil (13.1 million barrels per day), accounting for 13 percent of the world oil production (according to the BP definition, oil production includes crude oil and natural gas liquids only, excluding biofuels and liquid fuels made from coal and natural gas)...
A carbon price can be established either through a carbon tax or a cap and trade system. With a cap and trade system, companies that hold their emissions below the cap can sell their remaining allowance on a carbon market. Companies that exceed their cap can purchase allowances on the ...
Analysis of policies to reduce oil consumption and greenhouse-gas emissions from the US transportation sector Even as the US debates an economy-wide CO cap-and-trade policy the transportation sector remains a significant oil security and climate change concern. Tra... WR Morrow,KS Gallagher,G ...
These processes are: dissolved gas drive, gas cap drive, and water drive. Early recognition of the type of drive involved is essential to the efficient development of an oil field. In solution gas drive (dissolved gas drive) (Fig. 6.5) the propulsive force is the gas in solution in the ...