Reuters: on Energy & Oil


Emilia Sykes: Repeal bribe-based nuclear subsidies; keep solar subsidies

HB128: Revise electric utility service law; repeal portions of HB 6 of the 133rd General Assembly, limiting [subsidies] to solar resources the credit payment provisions of HB 6, and to provide refunds to retail electric customers in the state.

Summary: Ohio's Senate passed a House bill that would repeal nuclear subsidies for Energy Harbor Corp's Davis-Besse and Perry reactors. In 2019, the legislature passed HB6 to keep the money losing nuclear plants in service to preserve jobs, tax revenues and because the reactors generate energy without carbon dioxide emissions. But HB6, which would pay Energy Harbor about $1 billion over six years, became tainted after it was revealed that it passed through alleged acts of bribery. Legislative Summary: Passed Senate 33-0-0 on Mar/24/21; Passed House 89-0-10 on Mar/25/21; Minority Leader Emilia Sykes voted YES; Signed by Gov. DeWine on Mar/31/21.

Source: Reuters News on Ohio HB128 voting records Mar 25, 2021

Antonin Scalia: Don't lump all companies when evaluating carbon emissions

"You're lumping them all together," Scalia said of the five big power companies (who may have to cut down on the climate-warming carbon dioxide they emit). "Suppose you lump together all the cows in the country. Would that allow you to sue all those farmers? I mean, don't you have to do it defendant by defendant? Cow by cow or at least farm by farm? And if you can lump all the cows together and claim they fuel global warming, you can lump together all the people in the US who breathe, I suppose?"
Source: Reuters.com Environmental Forum, "Cows" Apr 20, 2011

Donald Trump: FactCheck: falsely blames windmills for Texas power outage

Trump said regarding the winter blackouts in Texas, "It's a disaster. The blackouts we saw in California last summer and all the time and the windmill calamity that we're witnessing in Texas. It's so sad when you look at it." Is it true that wind- generated electricity was responsible for the Feb.-March blackouts that caused over 70 deaths from hypothermia and other causes, and left over 4 million Texas homes without power?

FactCheck by Reuters: Wind generates 20% of total electricity in Texas, where natural gas supplies 47%, coal supplies 20% and solar supplies 1%

FactCheck by OnTheIssues: The 2021 Texas power crisis was caused by sub-zero temperatures coupled with fossil fuel power plants that had never been winterized. It's true that some wind turbines froze, but so did coal, gas, and oil generators, which account for 70% of power generation. The same problem occurred in 2011 (and is expected every ten years or so), but the state of Texas ignored the recommendations made then.

Source: Reuters/OnTheIssues FactCheck on 2021 CPAC Conference Feb 28, 2021

Jack Dalrymple: New safety rule: filter crude oil for dangerous types of gas

Dalrymple praised recent safety rules from the United States and Canada that will require thicker hulls, among many other standards, to improve the safety of crude-by-rail transport. "I think the improvements are very good," he said. "The biggest factor in safety of transport are the cars themselves."

The rules come after Dalrymple and other state regulators instituted new rules last fall requiring every barrel of crude be filtered for dangerous types of natural gas. "It's helpful to see these as one part of the overall safety equation," he said. "Still, it's important to see that North Dakota crude is not different from other light, sweet crudes around the country."

Source: Reuters Media on 2016 North Dakota gubernatorial race Jun 19, 2015

Joe Biden: Transition to renewable energy; allow fracking for now

Members of the DNC Environment and Climate Crisis Council published proposals for the party's platform calling for up to $16 trillion in spending to shift the U.S. economy away from fossil fuels while banning hydraulic fracturing and oil and gas exports. The proposals exceed Biden's current climate plan, which bans new oil and gas permits on public lands and dedicates $1.7 trillion to accelerate the transition to renewable energy but allows continued fracking and exports in the meantime.
Source: Reuters news service on 2020 presidential hopefuls Jun 15, 2020

Pope Francis: Future of humanity is at stake with climate change

Pope Francis said Trump's decision to pull out of the Paris agreement to curb climate change caused him "a bit of pain because the future of humanity is at stake". The pope said he hoped Trump would re-think his position.
Source: Reuters on 2018 Trump Administration Jun 20, 2018

Vladimir Putin: Green transition should be smooth instead of drastic steps

Putin blamed the transition to green energy and low investment in the extraction industries for what he said were "hysteria and some confusion" on European markets where energy prices are surging. He told a government meeting that it was vital that the green transition happened smoothly and criticized what he described as "unbalanced decisions" and "drastic steps". He called for the sustainable development of the oil, gas and coal sectors and said it was important that was not neglected.
Source: Reuters News Service on Foreign Influencers Oct 5, 2021

Rishi Sunak: Can we summon the collective will to tackle global warming?

Rishi Sunak will use a speech at the United Nations climate summit in Sharm El-Sheikh, Egypt, to tell world leaders to deliver on their promises to tackle global warming.

He is expected to call on governments to deliver on the promises made at COP26 in the Scottish city of Glasgow a year ago, when host nation Britain helped to broker a wide-ranging climate pact - much of which has yet to be implemented.

"The world came together in Glasgow with one last chance to create a plan that would limit global temperature rises to 1.5 degrees. The question today is: can we summon the collective will to deliver on those promises?" he will say, according to extracts released by his office in advance.

The chances look slim. A United Nations report at the end of October said government pledges to cut greenhouse gas emissions put the planet on track for an average 2.8 Celsius temperature rise this century after "woefully inadequate" progress.

Source: Reuters on United Nations COP-27 summit in Sharm El-Sheikh Nov 6, 2022

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