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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

Coal 210
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Discovery of mechanism for atmospheric particle formation suggests need for ammonia emission regulations

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Scientists from the Karlsruhe Institute of Technology (Germany), University of Colorado Boulder, and Universidad Nacional Autónoma de México performed a “CT Scan” of the atmosphere, moving along latitudes and longitudes, measuring particle concentrations and compositions in the upper troposphere.

Emissions 186
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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

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Under this cost-shared research and development (R&D), DOE is awarding $51 million to nine new projects for coal and natural gas power and industrial sources. LH CO 2 MENT Colorado Project. AOI 2 (Subtopic 2.2): Carbon Capture Testing on Coal Flue Gas or Coal and Natural Gas Flue Gas.

Carbon 236
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Stanford launches major new natural gas research initiative

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Compared with burning coal, natural gas emits about half the carbon dioxide and substantially less soot, mercury and sulfur. Natural gas must be developed with safeguards to reduce impacts on water, air quality, land, nearby communities and ecosystems. —Mark Zoback, a professor of geophysics and NGI’s director. Earlier post.).

Gas 150
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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“ One Agreement, Two Steps ” Expectations for Copenhagen quickly became complicated after Danish Prime Minister Lars Løkke Rasmussen boarded an overnight flight to Singapore to address an impromptu breakfast forum on climate change at the Asia Pacific Economic Co-operation (APEC) summit on 15 November. by Jack Rosebro.

Climate 236
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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For example, rich countries such as Germany can throw billions of dollars at their coal sector to ease their transition pain, offering generous financial aid to lignite-producing regions. This scenario assumes a full global consensus for action on climate change. Nigeria or Algeria cannot do the same for their oil industry.

Carbon 207