Showing posts with label oil company. Show all posts
Showing posts with label oil company. Show all posts

Saturday, June 25, 2022

Physicians for Social Responsibility (PSR) - Hydrogen Pipe Dreams

Executive Summary

Fossil fuel companies are advocating blending hydrogen with “natural” gas (methane) for cooking and space and water heating. They claim this will generate heat while lowering the carbon footprint of the methane gas system. In fact, it will not. Most hydrogen gas is derived from methane or coal, both of which are major sources of greenhouse gasses, so utilizing hydrogen will actually increase greenhouse gas emissions. And using hydrogen to blend with methane increases the demand for and prolongs our dependence on methane, an extremely potent greenhouse gas. Meanwhile, it distracts from the uptake of renewable energy sources and cost-effective, efficient electric technologies proven to reduce greenhouse gas emissions. With the window closing to address the climate crisis, we cannot afford this false solution.

Who are Physicians for Social Responsibility (PSR)
Working for over 50 years to create a healthy, just, and peaceful world for both present and future generations, Physicians for Social Responsibility (PSR) uses medical and public health expertise to educate and advocate on urgent issues that threaten human health and survival. Our goals are to slow and eventually reverse climate change and to abolish nuclear weapons. 
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Physicians for Social Responsibility (PSR) - Hydrogen Pipe Dreams
Physicians for Social Responsibility (PSR) - Hydrogen Pipe Dreams

Tuesday, April 26, 2022

The Guardian: Oil company execs raking in the cash; "‘What we now know … they lied"

"While gas prices soar for consumers, one group of people isn’t faring so badly.

Chief executives from the largest oil and gas companies received nearly $45m more in combined total compensation in 2021 as compared to 2020 amid the steep rise in gasoline prices across the US over the last year, a new report states.

Twenty-eight major oil and gas companies, such as Shell, Exxon, BP and Marathon Petroleum, gave out $394m in total to their chief executives in 2021, according to an exclusive analysis provided to the Guardian."

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‘What we now know … they lied’: how big oil companies betrayed us all

"There is a moment in the revelatory PBS Frontline docuseries The Power of Big Oil, about the industry’s long campaign to stall action on the climate crisis, in which the former Republican senator Chuck Hagel reflects on his part in killing US ratification of the Kyoto climate treaty.

In 1997, Hagel joined with the Democratic senator Robert Byrd to promote a resolution opposing the international agreement to limit greenhouse gases, on the grounds that it was unfair to Americans. The measure passed the US Senate without a single dissenting vote, after a vigorous campaign by big oil to mischaracterize the Kyoto protocol as a threat to jobs and the economy while falsely claiming that China and India could go on polluting to their heart’s content.

The resolution effectively put a block on US ratification of any climate treaty ever since."
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A sign displays the price of gas at an Exxon gas station in Washington DC, in March. Photograph: Stefani Reynolds/AFP/Getty Images
A sign displays the price of gas at an Exxon gas station in Washington DC, in March. Photograph: Stefani Reynolds/AFP/Getty Images