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Climate Change Crocodile Tears: From Obama to Biden
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Daily Data Dump
The good, the bad, and the ugly of Texas oil production.
Best of the Best 🏆️
Every week, we sift through our proprietary data to find the best performers in Texas.
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Daily Bulletin
Futures Curve
Lone Star Stories
Former President Barack Obama and his strategist David Axelrod have been criticized for their lamentations about climate change, considering their administration expanded fossil fuel production, potentially worsening the climate crisis.
The UK government is advancing two additional carbon capture and storage projects, the Acorn project in Scotland and the Viking project in the Humber, as part of a commitment to invest up to £20 billion in early deployment of carbon capture, utilisation and storage technologies.
Reader Question of the Day
How are decommissioned oil platforms and wells managed to mitigate environmental risks?
Decommissioning oil platforms and wells is a carefully executed process aimed at safety and environmental protection. Initially, wells are plugged to prevent leakage of residual oil or gas. Then, above-water structures are dismantled and removed, with materials recycled or disposed responsibly.
Subsea infrastructure might be removed, left in place, or repurposed based on regulations and environmental assessments. For example, pipelines might be buried under the seabed, or larger structures may become artificial reefs. Post-decommissioning, sites are monitored for potential environmental issues. On land, restoration involves removing infrastructure, soil decontamination, and replanting native vegetation, all in accordance with regulatory guidelines.
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