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Arctic oil on life support

Green Car Congress

Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still almost entirely unexplored. Shell’s mishaps have been well-documented. by Nick Cunningham for Oilprice.com.

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State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

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The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. The pipeline would primarily transport crude oil from the WCSB and Bakken regions.

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CAR releases study on use of bio-based materials in automotive sector; potential for the Great Lakes Region

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Encouraging bio-manufacturing and its associated value chain development, and building upon its current expertise in producing conventional parts for automakers, may position the Great Lakes region at a global competitive advantage as oil prices climb, and the demand for more bio-based parts increases.

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State Department releases Keystone XL Final Supplemental Environmental Impact Statement

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Incremental well-to-wheels GHG emissions from WCSB Oil Sands Crudes Compared to Well-to-Wheels GHG Emissions from Displacing Reference Crudes Click to enlarge. The document is posted on State’s Keystone project site , which it has run since the beginning of the Keystone XL Presidential permit process in 2008. million bpd in 2010 to 6.5

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National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

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Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. Treat all crude oils as part of the overall pool of transportation fuels. They would do so by documenting their lower emissions. We are not advocates.

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GSI/UNEP conference report finds fossil-fuel subsidy reform complex and challenges sobering; ~1% of global GDP spent on fossil-fuel subsidies

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The conference report summarizes the presentations and discussions of the two-day conference and includes a resource list of relevant documents and research reports. For example, at peak oil price in 2008, Indonesia was spending 40% of its budget on transport fuel—more than health, education and infrastructure development combined.

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RAND study concludes use of alternative fuels by US military would convey no direct military benefit; recommends energy efficiency instead

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If the US military increases its use of alternative jet and naval fuels that can be produced from coal or various renewable resources, including seed oils, waste oils and algae, there will be no direct benefit to the nation’s armed forces, according to a new RAND Corporation study. ” —James Bartis, lead author.