EARTHblog » Jennifer Krill
December 20, 2015
The newly-minted Paris climate agreement calls for limiting global temperature increase to 2°C, and leaves in the preamble the more aspirational goal shared by many countries of 1.5°C. It’s clear to observers around the world that meeting this goal is going to require steep cuts in greenhouse gas emissions and leaving most of the world’s remaining fossil fuels in the ground.
And that includes natural gas, particularly fracked natural gas.
December 18, 2015
Talk about a bitter pill – in exchange for a 5-year extension on the tax credit for renewable energy, Congress has PERMANENTLY lifted the forty-year old crude oil export ban.
This deal lines the pockets of the oil industry at the expense of the global climate. Crude oil from shale regions like the Bakken in North Dakota and the Eagle Ford in Texas can now be shipped to overseas markets; it’s not even likely to be a good deal for consumers.
Tagged with: crude export ban