UN to Unmask Fossil Fuel Delegates at Climate Talks
For years, fossil fuel employees been able to attend without having to be clear about their relationship with their companies.
Last year, over 600 industry participants were able to enter the COP27 meeting in Egypt.
Campaigners say the UN ruling is the first step to limiting the influence of polluters.
The new rules will be in place for the COP28 summit in November in Dubai, United Arab Emirates, one of the world's top oil producers. UAE oil company chief Sultan Al Jaber will preside over the summit, an appointment that has irked environmentalists.
Every year, political leaders from around the world attend the Conference of the Parties or COP meeting, where key decisions are made on how the world tackles climate change.
Oil Change International responds to UN Secretary General António Guterres speech
In response to UN Secretary General António Guterres speech, Oil Change International campaigners said:
David Tong, Global Industry lead at Oil Change International, said:
“UN Secretary General António Guterres delivered an extraordinary speech in New York today, finally proclaiming the unspoken truths about the oil and gas industry. He has named the oil and gas companies that are doing the most to cause the climate crisis “planet-wreckers”. Our data show no big oil and gas company has a business model that meets the bare minimum for aligning with the Paris Agreement. Peer reviewed research confirms that Guterres is right: fossil fuels are a road to extinction.
“The Big Oil and Gas business model cannot be reformed. Its foundation is destruction – of communities, of ecosystems, and all our futures. Governments must act to phase out this destructive industry and unlock the transition to nature-positive, community-owned, renewable energy.”
Laurie van der Burg, Global Public Finance Campaign co-lead at Oil Change International, said:
“UN Secretary General António Guterres is rightfully calling on financial institutions to end financing for new oil and gas fields and reassuring those that have already done so that they are doing the right thing. Already, 39 countries and institutions and the G7 have committed to end international public finance for new coal, oil, and gas. Those that have followed through on this commitment are shifting USD 5.7 billion in support of an accelerated clean energy transition. Others, particularly the United States, Germany, Japan, and Italy, need to urgently follow suit.”
To Read the entire exchange, click here
Interior Allocates Another $64 Million to Plug Abandoned Oil and Gas Wells
The money, which comes from the Bipartisan Infrastructure Law, will be used to plug more than 300 abandoned wells that were drilled on federal public lands, such as national wildlife refuges, national forests and Bureau of Land Management lands.
In the Mountain West, that includes plugging a dozen wells in Wyoming, one in Colorado, one in Montana, and one in Canyonlands National Park in Utah.
Federal funds are also being used for pre- and post-plugging work at well sites on lands managed by the National Park Service in a handful of states, including New Mexico, Wyoming and Utah.
Winnie Stachelberg, Interior’s senior advisor and infrastructure coordinator, said this cleanup work is a critical part of the Biden administration’s $16 billion investment to address legacy pollution sites across the country.
Click here for the entire article
The nuclear renaissance needs dozens of tons of nuclear fuel. We don’t have it.
Ever since the Arab Oil Embargo of 1973, American energy policy has largely orbited around the hackneyed idea of “energy independence.”
I put that phrase in quotes because the concept has never had a clear definition or concrete goal. The idea of energy independence has been used to justify a myriad of policies including oil shale (not shale oil), corn ethanol, cellulosic ethanol, and many others. As I explained in my third book, Gusher of Lies: The Dangerous Delusions of Energy Independence, the phrase provides a “prized bit of meaningful-sounding rhetoric that can be tossed out by candidates and political operatives eager to appeal to the broadest cross section of voters...With energy independence, America can finally dictate terms to those rascally Arab sheiks from troublesome countries. Energy independence will mean a thriving economy, a positive balance of trade, and a stronger, better America.”
Click here for Robert Bryce’s latest commentary on Substack
Flashback Friday
Stephen Moore, Writer, Economist and Media Commentator
In this exclusive interview, host Jason Spiess drives and drops off Mr. Stephen Moore at the airport in order to get this industrial-sized energized interview. The two talk about the importance of energy in the economy and what it is doing to the economy domestically.
At the time of the interview, the mining industry, specifically the oil and gas industry within the mining industry, was the only positive job creator from 2010-2015. This includes all the tech start ups and other highly subsidized government endorsed companies through special interests and economic development groups.
Click here for exclusive interview
Stephen Moore, who formerly wrote on the economy and public policy for The Wall Street Journal, is a Distinguished Fellow in Economics at The Heritage Foundation.
Moore, who also was a member of The Journal’s editorial board, returned to Heritage in January 2014—about 25 years after his tenure as the leading conservative think tank’s Grover M. Hermann Fellow in Budgetary Affairs from 1984 to 1987.
As a Distinguished Fellow at Heritage, Moore focuses on advancing public policies that increase the rate of economic growth to help the United States retain its position as the global economic superpower. He also works on budget, fiscal and monetary policy, and showcases states that get fiscal houses in order.
“One of the projects I’m going to be working on is how President Obama has discredited liberal ideas more than anyone,” Moore said in an interview with The Foundry upon his return to Heritage. “Everything he’s done has been such a massive failure—from the [economic] stimulus to health-care reform to bailouts to green energy.”
Moore’s early career was shaped by three people who had a profound influence on him: Julian Simon, the late Cato Institute scholar; Edwin J. Feulner, a co-founder of Heritage; and Art Laffer, the economist best known for the Laffer curve.
“What makes them so great is they were willing to take on the conventional wisdom. They were subject to a lot of criticism for doing that,” Moore told The Foundry. “Those are the real change-makers.”
Moore calls his creation of the Club for Growth the defining moment of his career. The organization, which he left in 2004, helps elect conservative members of Congress (including Heritage President Jim DeMint when he first ran for Senate).
Moore next founded the Free Enterprise Fund before joining The Wall Street Journal. As Senior Economics Writer for the newspaper’s editorial board, he covered Washington policy debates and state issues.
“Because I’ve been a consumer of think tank material and policy research, I think I have a pretty good sense of what reporters want and how to get it to them in the way they want it,” Moore said. “Being timely—and not just offering opinion but giving them the facts and data is really critical.”
Moore, who grew up in New Trier Township, Illinois, received a bachelor of arts degree from University of Illinois at Urbana-Champaign. He holds a master of arts in Economics from George Mason University.
The Crude Life Daily Radio News & Lifestyle Update
Joe Sinnott, host of The Energy Detox Podcast and the CEO of Witting Partners, responds to the question of who he believes the leader of the environmental movement is, specifically within the oil and gas industry.
Witting Partners helps energy industry leaders achieve and sustain peak performance by combining an unmatched blend of oil & gas experience, insight, and results with the power of leadership coaching, workshops, and keynotes so that you and your stakeholders don’t un-wittingly damage your odds of achieving long-term success.
Sinnott has been a resource for the industry with over 15 years of proven success stretching from the Gulf of Mexico to Appalachia, from service company to operator, and from drilling rig to downtown boardroom. For more info on Sinnott, visit his website or LinkedIn Profile Page.
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Award winning interviewer and broadcast journalist Jason Spiess and Content Correspondents engage with the industry’s best thinkers, writers, politicians, business leaders, scientists, entertainers, community leaders, cafe owners and other newsmakers in one-on-one interviews and round table discussions.
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