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Oil Companies on the Section 45Q Tax Credit: Take the Money and Run
“This is not a minor reporting error. This looks like flagrant noncompliance with a fundamental requirement that gauges the efficacy of carbon capture and storage technology as a climate mitigation tool. 45Q is close to useless without secure geological storage. The industry just took the money and ran,” said John Noel, National Oil & Gas Program Director.
California green lighted more irrigation with oil wastewater
Last week, regulators approved the expanded use of oil wastewater for irrigation of crops in Kern County.
The Central Valley Regional Water Quality Control Board (Regional Board), unanimously approved a Waste Discharge Requirement (WDR) permit for California Resources Corporation (CRC) to sell 21,200 acre feet (6.9 million gallons) of oil and gas wastewater from the Kern Front Oil Field to the North Kern Water Storage District annually. The produced water will be distributed to farmers for irrigation and used for groundwater recharge, despite significant questions about the safety of this