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Fossil fuel companies are promoting lower carbon, responsibly sourced oil and gas

NationofChange Fossil fuel companies are promoting ‘lower carbon,’ ‘responsibly sourced’ oil and gas The oil and gas industry is looking to capitalize off an increasingly-popular socially responsible investing wave that emphasizes the environment. This month, EQT, the nation’s largest natural gas producer, plans to launch a pilot project that will certify it to start selling not just natural gas, but something it calls “responsibly sourced natural gas.” EQT’s move comes on the heels of a similar announcement from Chesapeake Energy, one of the pioneers of fracking which recently emerged from bankruptcy. Both EQT and Chesapeake will seek certification from outside providers, including a business called Project Canary, which touts its ability to collect data on methane emissions and pollutants from oil and gas wells and offers a certification it calls TrustWell™. 

Greta Thunberg to US Congress: End Fossil Fuel Subsidies Now

Photo: Alex Wong (Getty Images) Between releasing new climate commitments under the Paris Agreement and organizing an international Earth Day summit, it’s clear that President Joe Biden wants to reposition the U.S. as an international climate leader. At a hearing on Thursday, 17-year-old Swedish climate activist Greta Thunberg offered him some advice on a way to do so: ending all subsidies to the dirty energy sector. Advertisement “I am not even going to explain why fossil fuel subsidies are bad,” she told U.S. lawmakers. “It is the year 2021. The fact we are still having this discussion and, even more, that we are still supporting fossil fuels directly or indirectly using taxpayer money is a disgrace. It is proof that we have not understood the climate emergency at all.”

Special Report-Can the Saudis oil money help him save the planet?

Special Report-Can the Saudis oil money help him save the planet? Reuters 1 hr ago By Maurice Tamman © Reuters/LUCAS JACKSON Carlos Duarte, professor of Marine Science and Tarek Ahmed Juffali Research Chair in Red Sea Ecology at King Abdullah University of Science and Technology (KAUST) at KAUST near the city of Jeddah, Saudi Arabia By Maurice Tamman RIYADH, Saudi Arabia (Reuters) - Spanish biologist Carlos Duarte had been at a Saudi royal palace until three o clock in the morning, waiting for the country s most powerful man. Finally in his hotel room, Duarte awoke hours later and noticed an alert on his smartphone screen. It was the palace: He and the other scientists and officials at the meeting on sustainable development should return immediately. Crown Prince Mohammed bin Salman was ready for them.

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