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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.
Baltimore beats bomb trains!
Huge news: last week, Mayor Pugh signed the Crude Oil Terminal Prohibition! Thousands of people all across Baltimore - and as far away as Frederick County and even Whatcom County, WA - have spoken out against these extreme fossil fuel methods that put Baltimore neighborhoods in danger. Here are some highlights from experts, workers, and community leaders whose voices helped make this victory possible.
These crude oil trains feed a fossil fuel-based economy that is pouring heat-trapping pollution into our atmosphere and damaging our climate. Fossil fuel infrastructure perpetuates a moral crisis
Carbon Capture and Release
Injecting captured carbon underground to produce more oil is promoted as a climate mitigation policy. This 2018 report exposes these oversight failures and challenges the assertion that federal subsidies for carbon used in enhanced oil recovery could ever be considered an effective climate mitigation policy.