Saturday, March 25, 2023
  • Submit news
  • Contact
  • DMCA
  • Cookie Privacy
  • Privacy Policy
  • Terms of Use
Oil Market News
  • Home
  • Marketdaily
  • Price
  • crudenow
  • Companies
  • politics
  • Gas
  • investing
  • Stock
  • OPEChot
  • brend
  • ships
Oil Market News
Home Gas

Colorado must reduce fuel burning, and also its fuel exports

11 months ago
in Gas
Colorado must reduce fuel burning, and also its fuel exports
Share on FacebookShare on Twitter


Gov. Jared Polis’ 2021 Greenhouse Gas Reductions Roadmap steers Colorado in the right direction on electricity and transportation, but excludes action on the biggest contributor to climate change originating in Colorado.

Mike Chiropolos

Greenhouse gases from burning fossil fuels are the main causes of human-induced climate change. The bad news is that Colorado’s climate action plan ignores more than half of our emissions because it excludes the oil and gas it exports. The good news is that this omission is readily addressed.

Climate is simple, serious and solvable. Simple because the cause is burning fossil fuels at unsustainable rates; serious because the stakes are high; and solvable by replacing fossil fuels with clean-energy solutions.

Ten points make the case for Colorado to walk its climate talk by phasing down oil and gas exports.

READ: Colorado Sun opinion columnists.

First, facts: exported oil and gas accounts for 60% of all greenhouse-gas emissions originating in Colorado, according to the Roadmap documents. The fuel might not be burned here, but it originates here. As the country’s No. 6 oil and gas producer, Colorado matters.

Second, law: Three recent bills support bold action: the Climate Action Plan Act, the Environmental Justice Act and the Protect Public Welfare Oil and Gas Operations Act.

These state laws, according to the Climate Action Plan, make our goal a “modern, resilient, one-hundred percent clean economy;” commit to a “leadership role;” and define climate change as “a cumulative emissions problem” requiring prompt action. They empower Colorado to limit drilling to protect public health, safety, the environment, wildlife, and biological resources.

The laws support discretionary export reductions to complement mandatory reductions of statewide emissions for fuels burned in-state.

Third, science: Colorado law requires a science-based approach to help limit worldwide warming to manageable levels — below 1.5 degrees Celsius.

Fourth, math: if we exclude from Colorado’s calculations the emissions that ultimately are created by fuels that Colorado exports elsewhere, we won’t reduce emissions enough to achieve our climate goals – as states, countries or a planet.

When it comes to carbon reduction, the Colorado Roadmap is pointing us in the wrong direction. It allows total emissions to increase from approximately 280 million metric tons in 2020 to an estimated 305 million in 2030. Even if Colorado cuts its own greenhouse-gas emissions by 90% from 2005 through 2050, that gain would be largely cancelled out by the gases from exported crude oil and fossil gas emissions, under production forecasts.

Conversely, reducing exports by as much as the reduction in statewide emissions would result in 90% economy-wide reductions that better meet our Paris Agreement commitments. The numbers will add up when our kids and grandkids look at Colorado’s climate action commitments.

Fifth, timing: Colorado first quantified greenhouse-gas pollutants from exported oil and gas in 2021. Colorado climate action planning has always been an evolving, iterative, adaptive process addressing new data as it has become available. Now is the time to amend our Roadmap.

Sixth, models: Colorado and the U.S. don’t shrink from challenges. Phasing out leaded paint and leaded gasoline protected the health of inner-city children. DDT bans recovered the bald eagle. Bold chlorofluorocarbons and hydrofluorocarbons policies are salvaging the ozone layer.

America’s can-do spirit triumphed over the Great Depression with the New Deal, put humans on the Moon and launched amazing technological advances in the 21st century. In the 20th century, Colorado weathered the fall of the boom/bust hard-rock mining economy.

Seventh, economics:  Benefits include new clean energy jobs, better snowpack and water for food production, more fire-resistant forests, healthier watersheds, cleaner air, better quality of life — not to mention our survival. We’re already experiencing the costs and risks of inaction: record wildfires, temperatures, drought, heat waves and fatal floods.

The opportunity cost of every dollar invested in counter-productive new fossil fuel infrastructure is a dollar not available for clean energy infrastructure and adaptation.

Eighth, equity: disadvantaged communities and populations will suffer most from unabated climate change, and benefit most from effective climate action informed by environmental justice.

Ninth, moral wisdom: Martin Luther King, Jr. observed that “the time is always right to do what is right.” A time-honored Chinese proverb reminds us that the best time to plant a tree was 20 years ago, and the second-best time is today.

Tenth, solutions: Research compiled by the Stockholm Environment Institute shows that reducing fossil fuel supply will effectively reduce emissions. The new “Net Zero by 2050″ report by the International Energy Agency shows that a viable pathway will rely on new output from existing oil and gas assets, consistent with “no new infrastructure investments.”

Colorado’s Roadmap commits to 100% renewable energy in-state by 2040. Cleaner, better, affordable energy technologies are available today, nationwide and globally.

Colorado’s current approach is the equivalent of China shutting down coal power plants, but ramping up mining for coal exports that cancel out domestic greenhouse-gas reductions.

By phasing down oil and gas permits a few percent a year until targets are met, Colorado will accelerate the national and global transition that benefits everybody.

Bold climate leadership requires decisive action grounded in numbers that add up. Let’s do it. 


Mike Chiropolos lives in Boulder. 


The Colorado Sun is a nonpartisan news organization, and the opinions of columnists and editorial writers do not reflect the opinions of the newsroom. Read our ethics policy for more on The Sun’s opinion policy and submit columns, suggested writers and more to opinion@coloradosun.com. 

Follow Colorado Sun Opinion on Twitter, Instagram and Facebook.





coloradosun.com

Latest Oil News

Texas Justices Consider Company’s Pause on Oil & Gas Payments

Texas Justices Consider Company’s Pause on Oil & Gas Payments

February 1, 2023
Gasoil margins fall on cautious sentiment amid firm oil

Gasoil margins extend losses on cautious sentiment

January 31, 2023
Monitoring Government: EPA tightens oil & gas emission rules

Monitoring Government: EPA tightens oil & gas emission rules

January 30, 2023
Indonesia faces difficult task to create OPEC-like group for nickel

Oil And Gas In For Turbulent Year As Governments And Industry Butt Heads

January 29, 2023
Tags: burningColoradoExportsfuelReduce
Previous Post

88 Energy Ltd, Zephyr Energy Plc, Jersey Oil and Gas PLC, Tower Resources PLC,

Next Post

Russia and Saudi foreign ministers praise OPEC+, says Moscow

Related Posts

Texas Justices Consider Company’s Pause on Oil & Gas Payments

Texas Justices Consider Company’s Pause on Oil & Gas Payments

by Oil Market News
February 1, 2023
0

Texas justices on Wednesday weighed whether operators of oil and gas leases can withhold payments without interest under the safe...

Gasoil margins fall on cautious sentiment amid firm oil

Gasoil margins extend losses on cautious sentiment

by Oil Market News
January 31, 2023
0

Asia’s 10 ppm sulphur gasoil margins extended losses for a second consecutive session, as cautious trading sentiment continue to weigh...

Monitoring Government: EPA tightens oil & gas emission rules

Monitoring Government: EPA tightens oil & gas emission rules

by Oil Market News
January 30, 2023
0

Photo: Adobe In November, the U.S. Environmental Protection Agency (EPA) rolled out its supplemental proposed methane emissions rule, primarily aimed...

Indonesia faces difficult task to create OPEC-like group for nickel

Oil And Gas In For Turbulent Year As Governments And Industry Butt Heads

by Oil Market News
January 29, 2023
0

Windfall taxes, price caps, and calls for more oil and gas production marked 2022 in oil and gas. It looks...

Beshear, oil and gas leaders pitch using fossil fuels to make hydrogen fuel in

Beshear, oil and gas leaders pitch using fossil fuels to make hydrogen fuel in

by Oil Market News
January 28, 2023
0

This story is by the Kentucky Lantern, which is part of States Newsroom, a network of news bureaus supported by grants...

Focus on Water & Wastewater Treatment, Oil & Gas, Chemicals & Petrochemicals,

Internet of Things-as-a-Service to Enable Improved Opportunities

by Oil Market News
January 27, 2023
0

DUBLIN, Jan. 27, 2023 /PRNewswire/ -- The "Global Process Gas Reciprocating and Centrifugal Compressor Services Market in the Oil and...

Next Post
Russia and Saudi foreign ministers praise OPEC+, says Moscow

Russia and Saudi foreign ministers praise OPEC+, says Moscow

Subscribe
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

Trend Oil News

Opinion | Biden Turns the U.S. Into a Shadow Member of OPEC – The Wall Street Journal

Opinion | Biden Turns the U.S. Into a Shadow Member of OPEC – The Wall Street Journal

3 months ago
S&P 500 falls for a fourth day, putting summer market comeback in doubt

S&P 500 falls for a fourth day, putting summer market comeback in doubt

7 months ago
Seismic Services Market – Growth, Trends, and Forecast (2020

Seismic Services Market – Growth, Trends, and Forecast (2020

10 months ago
Venezuelan court orders trial for ex-oil minister three years after arrest

S.Korea’s Feb crude oil imports slide 14.7% y/y – preliminary data

10 months ago
Euro, stocks retreat from rally on EU stimulus plan

Euro, stocks retreat from rally on EU stimulus plan

11 months ago
ADVERTISEMENT
UK government expected to offer energy companies windfall tax relief

UK government expected to offer energy companies windfall tax relief

March 24, 2023

Fears of an energy price surge percolate through sector

March 23, 2023

US regulator vows ‘aggressive’ crackdown on oil and gas methane leaks

March 22, 2023

Global commodity traders open to increasing Russian oil volumes

March 21, 2023

Commodity markets likely to escape banking crisis fallout, traders say

March 20, 2023

Saudi Aramco posts record $161bn profit on back of strong crude prices

March 19, 2023

Crude Oil

4 Days from Deadline, EU Fails To Agree On Russian Oil Products Price Cap

4 Days from Deadline, EU Fails To Agree On Russian Oil Products Price Cap

February 1, 2023
Oil rises after U.S. fuel stocks draw down; economic concerns loom

Oil prices settle steady on higher U.S. demand, weaker dollar

January 31, 2023
S&P 500 Down 1%; Crude Oil Drops Over 2%

S&P 500 Down 1%; Crude Oil Drops Over 2%

January 30, 2023
Russia Can’t Replace the Energy Market Putin Broke

Russia Can’t Replace the Energy Market Putin Broke

January 29, 2023

Investing

Orbital Sidekick Raises $10M Investment to Monitor Oil and Gas Industry from Space 

Orbital Sidekick Raises $10M Investment to Monitor Oil and Gas Industry from Space 

February 1, 2023
Crude Oil Shielded From Bond and Stock Market Rout

Clean-energy investing poised to top money backing oil and gas after hitting a record

January 31, 2023
Crude Oil Shielded From Bond and Stock Market Rout

The Cushing® MLP & Infrastructure Total Return Fund Announces Fund Name Change

January 30, 2023
Boeing’s 747, the original jumbo jet, prepares for final send-off By Reuters

Boeing’s 747, the original jumbo jet, prepares for final send-off By Reuters

January 29, 2023

Market

UK government expected to offer energy companies windfall tax relief

UK government expected to offer energy companies windfall tax relief

March 24, 2023
Fears of an energy price surge percolate through sector

Fears of an energy price surge percolate through sector

March 23, 2023
US regulator vows ‘aggressive’ crackdown on oil and gas methane leaks

US regulator vows ‘aggressive’ crackdown on oil and gas methane leaks

March 22, 2023
Global commodity traders open to increasing Russian oil volumes

Global commodity traders open to increasing Russian oil volumes

March 21, 2023

OPEC

US Close- Fed signals more hikes coming, Powell says disinflation process begun, ADP

US Close- Fed signals more hikes coming, Powell says disinflation process begun, ADP

February 1, 2023
‘OPEC does not control the price’: OPEC President | OPEC News

‘OPEC does not control the price’: OPEC President | OPEC News

January 31, 2023
OPEC+ Closely Watches Chinese Factory Data

OPEC+ Closely Watches Chinese Factory Data

January 30, 2023
Week Ahead: FOMC, BOE, ECB, OPEC, NFP and Big Tech Earnings

Week Ahead: FOMC, BOE, ECB, OPEC, NFP and Big Tech Earnings

January 29, 2023
  • Submit news
  • Contact
  • DMCA
  • Cookie Privacy
  • Privacy Policy
  • Terms of Use

© 2022 OilMarket.News

No Result
View All Result
  • Home
  • Market
  • Price
  • crude
  • Companies
  • politics
  • Gas
  • investing
  • Stock
  • OPEC
  • brend
  • ships

© 2022 OilMarket.News

wpDiscuz
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.