Category: Global Warming

Occidental Building Costly Plant to Bury Carbon Dioxide, Hoping to Be the Last Firm Still Allowed to Produce Oil

The “oracle of Omaha,” Warren Buffett, has been investing in Occidental.

(p. A1) About fifty miles southwest of Midland, Texas, deep in the oil-saturated Permian Basin, more than 100 workers are busy laying out roads and water lines, preparing to build an elaborate complex of fans, each as large as a tennis court.

When they start running in 2024, the fans will suck massive amounts of carbon dioxide out of the air. The carbon will be funneled thousands of feet down deep wells into geological formations, where it should remain for centuries.

The company behind this environmental moonshot is Occidental Petroleum Corp., one of the country’s most successful oil-and-gas producers. It hopes the enterprise will give it license to keep operating as a driller decades into the future.

It is spending more than $1 billion to build the first in a planned fleet of plants using direct-air capture to pull the CO2 out of the air, a budding technology with fuzzy economics. Bolstering the move are generous tax incentives included in the climate package President Biden signed into law last year that cover up to 45% of Occidental’s expected initial costs per metric ton.

. . .

(p. 8) To be successful, Occidental will need to bring the cost of capture and containment down by hundreds of dollars per metric ton of CO2, according to energy executives and analysts.

Occidental estimated its initial cost to remove a metric ton of CO2 would be between $400 and $500. It said that as it manufactures more plants and efficiencies kick in, it will be able to roughly halve that to between $200 and $250 a ton by the end of the decade, according to the company. None of the figures include federal tax credits.

The Inflation Reduction Act, signed into law by President Biden last year, rewards companies that capture and store atmospheric CO2 with a $180 tax credit per metric ton contained permanently, up from $50. Credits for capturing atmospheric CO2 and using it in enhanced oil recovery rose to $130 a metric ton, up from $35. The bill also offers incentives to companies that capture CO2 at industrial plants and sequester it, which Occidental also plans to do.

. . .

Howard Herzog, a leading researcher on carbon capture at the Massachusetts Institute of Technology, said he didn’t think bringing the cost of direct-air capture down to around $100 a metric ton was a realistic goal. Occidental is “probably more bullish on direct-air capture than I would be,” he said. But he added that how much buyers of carbon credits are willing to pay will also determine how profitable direct-air capture turns out to be.

Ms. Hollub told The Wall Street Journal in August that Occidental’s efforts on carbon capture and on becoming a net-zero emitter would allow it to keep up its investments in oil and gas. She warned that underinvestment in fossil fuels, which she says will be needed for years even amid the broader transition to clean energy, will lead to a scarcity of supplies. In contrast, she said, other oil majors such as BP PLC and Shell PLC have shrunk their oil segment and invested in renewables.

Oil companies will have to find ways to remove as much carbon dioxide as they emit “if they want to be the last producer standing in the world,” Ms. Hollub said.

For the full story, see:

Benoît Morenne. “Occidental’s Green Bet To Keep Pumping Oil.” The Wall Street Journal (Tuesday, April 11, 2023): A1 & A8.

(Note: ellipses added.)

(Note: the online version of the story has the date April 10, 2023, and has the title “Occidental Makes a Billion-Dollar Climate Moonshot—So It Can Keep Pumping Oil.”)

The Hybrid Trees Weyerhaeuser Plants, Absorb More Carbon Dioxide Than Did the Trees It Cuts Down

(p. A1) KIBBY TOWNSHIP, Maine—Weyerhaeuser Co. has cut down more trees than any other American company since its founder started logging before the Civil War. Environmentalists have long treated it as an enemy.

Now, the new math of carbon emissions is enabling the lumber producer to cast itself as something quite different: a force for environmental good.

Its 10.6 million acres of U.S. timberland act as a giant sponge for carbon dioxide, which Weyerhaeuser says more than compensates for the greenhouse gases it emits by felling trees, sawing them into lumber and distributing wood products.

Although Weyerhaeuser is cutting down as many trees as ever and plans to increase lumber production 5% in the next few years, it says its net carbon footprint is negative—so much so that it is offering carbon dioxide storage capacity to other companies. Weyerhaeuser expects a new unit dedicated to helping other firms offset their emissions to generate $100 million a year in profit by the end of 2025.

“I don’t think there are many companies in the world with a better environmental (p. A8) story than Weyerhaeuser,” said Devin Stockfish, chief executive officer of the Seattle-based company. “The moment is really ripe for us.”

. . .

Weyerhaeuser logs about 2% of its land each year and plants more than 130 million saplings a year to replace much of what it cuts. Company scientists have selectively bred trees over the decades to grow bigger, faster and better for lumber-making than the ones they replace. The company says those new breeds will sock away carbon dioxide faster than the ones cut down, allowing it to boost sequestration and wood production at the same time.

“There is a pretty significant difference in the genetics of the trees that we grow versus what would have grown naturally,” Mr. Stockfish said.

For the full story, see:

Ryan Dezember. “Logger Recasts Itself As Climate Friendly.” The Wall Street Journal (Tuesday, April 18, 2023): A1 & A8.

(Note: ellipsis added.)

(Note: the online version of the story has the date April 17, 2023, and has the title “America’s Most Prolific Logger Recasts Itself as Environmental Do-Gooder.”)

Biden EV Goals Depend on “Troubled” Business Model for Fast Charging

(p. A13) President Biden’s EV ambitions will hinge in large part on the availability of public places to plug in and repower cars reliably, a network that largely doesn’t exist. Building it won’t be easy.

While the government is (p. A2) pouring billions of dollars into developing a national highway charging network, many companies aren’t sure how they will make money off the nascent business. Fast charging requires expensive utility infrastructure and projects often encounter supply chain hang ups and long wait times to connect to the grid.

. . .

The business model for fast charging has been troubled because there aren’t enough EVs in most places yet for charging to turn a profit. Yet EV advocates say many drivers will only be comfortable purchasing vehicles if rapid charging is widely available.

Utility companies and gas stations have been arguing across several states about who will own and operate EV chargers. The expensive utility bills that can result from delivering quick jolts of power have been a particular point of contention. Meanwhile, the young companies that provide charging gear and services have struggled with equipment on the fritz, vandalism and driver payment systems, a frequent source of failure.

For the full story, see:

Jennifer Hiller. “Fast Electric-Vehicle Chargers Get Boost, But Hurdles Lurk.” The Wall Street Journal (Friday, April 14, 2023): A1-A2.

(Note: ellipsis added.)

(Note: the online version of the story was updated April 13, 2023, and has the title “Fast EV Chargers to Nearly Double on U.S. Highways Under Expansion Plan.” In the first paragraph quoted above, the online version has “Mr. Biden’s” instead of “President Biden’s.”)

Small “Creative” Subsistence Farmers Experiment and Innovate to Adapt to Global Warming

(p. A1) When it comes to growing food, some of the smallest farmers in the world are becoming some of the most creative farmers in the world. Like Judith Harry and her neighbors, they are sowing pigeon peas to shade their soils from a hotter, more scorching sun. They are planting vetiver grass to keep floodwaters at bay.

They are resurrecting old crops, like finger millet and forgotten yams, and planting trees that naturally fertilize the soil. A few are turning away from one legacy of European colonialism, the practice of planting rows and rows of maize, or corn, and saturating the fields with chemical fertilizers.

“One crop might fail. Another crop might do well,” said Ms. Harry, who has abandoned her parents’ tradition of growing just maize and tobacco and added peanuts, sunflowers, and soy to her fields. “That might save your season.”

It’s not just Ms. Harry and her neighbors in Malawi, a largely agrarian nation of 19 million on the front lines of climate hazards. Their scrappy, throw-everything-at-the-wall array of innovations is multiplied by small subsistence farmers elsewhere in the world.

. . .

(p. A10) . . . Mr. Mponda, 26, grows maize. But he no longer counts on maize alone. The soil is degraded from decades of monoculture. The rains don’t come on time. This year, fertilizer didn’t either.

“We are forced to change,” Mr. Mponda said. “Just sticking to one crop isn’t beneficial.”

The total acreage devoted to maize in Mchinji District, in central Malawi, has declined by an estimated 12 percent this year, compared with last year, according to the local agricultural office, mainly because of a shortage of chemical fertilizers.

Mr. Mponda is part of a local group called the Farmer Field Business School that runs experiments on a tiny plot of land. On one ridge, they’ve sown two soy seedlings side by side. On the next, one. Some ridges they’ve treated with manure; others not. Two varieties of peanuts are being tested.

The goal: to see for themselves what works, what doesn’t.

For the full story, see:

Somini Sengupta. “Climate Shocks Force Small Farmers to Reinvent.” The New York Times (Friday, April 28, 2023): A1 & A10.

(Note: ellipses added.)

(Note: the online version of the story has the date April 27, 2023, and has the title “Meet the Climate Hackers of Malawi.”)


Launching Europe’s Largest Nuclear Reactor Gives Finland Electricity Resilience Against Russian Disruptions

(p. A7) Finland has started regular electricity output at Europe’s largest nuclear reactor, a move that contrasts with developments in other European countries, where opposition to nuclear power is stronger.

The long-delayed Olkiluoto 3 reactor is the first European nuclear-power facility to open in 16 years. Alongside two other nuclear reactors on the Olkiluoto island off Finland’s west coast, the new 1.6-gigawatt plant will eventually produce nearly one-third of the country’s electricity.

. . .

Finland’s reliance on nuclear energy, in combination with hydro and wind power, is part of the Nordic nation’s transition toward carbon neutrality, which has helped make Finland resilient against energy-supply disruptions, such as those following Russia’s invasion of Ukraine.

For the full story, see:

Sune Engel Rasmussen. “Finland Launches Nuclear Reactor.” The Wall Street Journal (Tuesday, April 18, 2023): A7.

(Note: ellipsis added)

(Note: the online version of the story has the date April 17, 2023, and has the title “Europe’s Largest Nuclear Reactor Launches as Continent Splits Over Atomic Energy.”)

Extreme Weather Can Bring Enough Water to Recharge California’s Aquifers

(p. A15) After a long, dry summer, winter has brought the gift of water to California, via a series of atmospheric river storms. Unfortunately, as these sprawling rivers in the sky have met developed areas covered with concrete and rivers locked in by levees, they have brought destruction: floods, mudslides, washed-out roads, blackouts, uprooted trees and at least six deaths.

But California doesn’t have to passively suffer through the whiplash of drought and floods. To reduce risk from both, it can return some of its land to water, working with natural systems.

One way to do this is by making use of unique geologic features called paleo valleys. These buried canyons carved into the state’s Central Valley were formed by Ice Age rivers that flowed down the western flank of the Sierra Nevada and were later filled in with coarse sand and gravel from glacial melt.

. . .

There is enough unmanaged surface water from rain and snow statewide to resupply Central Valley aquifers, making more water available to farmers, urban dwellers and the environment. Even with climate change, the state will most likely have enough water for recharge in the future in part because of more extreme weather, according to a 2021 study.

For the full commentary, see:

Erica Gies. “California Should Capture Its Floodwaters.” The New York Times (Monday, January 9, 2023): A15.

(Note: ellipsis added.)

(Note: the online version of the commentary has the date Jan. 7, 2023, and has the title “California Could Capture Its Destructive Floodwaters to Fight Drought.”)

The 2021 study mentioned above is:

He, Xiaogang, Benjamin P. Bryant, Tara Moran, Katharine J. Mach, Zhongwang Wei, and David L. Freyberg. “Climate-Informed Hydrologic Modeling and Policy Typology to Guide Managed Aquifer Recharge.” Science Advances 7, no. 17 (April 21, 2021), doi:10.1126/sciadv.abe6025.

Progressives Want Us to “Reduce Consumption“ Because “They Believe Humans Are a Menace to the Earth”

(p. A15) Replacing all gasoline-powered cars with electric vehicles won’t be enough to prevent the world from overheating. So people will have to give up their cars. That’s the alarming conclusion of a new report from the University of California, Davis and “a network of academics and policy experts” called the Climate and Community Project.

The report offers an honest look at the vast personal, environmental and economic sacrifices needed to meet the left’s net-zero climate goals. Progressives’ dirty little secret is that everyone will have to make do with much less—fewer cars, smaller houses and yards, and a significantly lower standard of living.

. . .

The report concludes that the auto sector’s “current dominant strategy,” which involves replacing gasoline-powered vehicles with EVs without decreasing car ownership and use, “is likely incompatible” with climate activists’ goal to keep the planet from warming by more than 1.5 degrees Celsius compared with preindustrial times. Instead, the report recommends government policies that promote walking, cycling and mass transit.

. . .

Progressives’ ultimate goal is to reduce consumption—and living standards—because they believe humans are a menace to the Earth.

For the full commentary, see:

Allysia Finley. “The Climate Crusaders Are Coming for Electric Cars Too.” The Wall Street Journal (Friday, Feb. 13, 2023): A15.

(Note: ellipses added.)

(Note: the online version of the commentary has the date February 12, 2023, and has the same title as the print version.)

The U.C. Davis report mentioned above that urges our return to the dark ages is:

Riofrancos, Thea, Alissas Kendall, Matthew Haugen, Batul Hassan, and Xan Lillehei. “Achieving Zero Emissions with More Mobility and Less Mining.” U.C. Davis: The Climate and Community Project, Jan. 2023.

New Data on Lessened Antarctic Ice Melt, Have “Shrunk the Monster” of Global Warming

(p. A6) Deploying an underwater robot beneath a rapidly melting ice shelf in Antarctica, scientists have uncovered new clues about how it is melting. The findings will help assess the threat it and other ice shelves pose for long-term sea-level rise.

The researchers said that overall melting of the underside of part of the Thwaites shelf in West Antarctica was less than expected from estimates derived from computer models.

. . .

Ted Scambos, a senior researcher at the University of Colorado Boulder, said the new findings, and other recent work on the Thwaites, suggest that although many uncertainties remain, the worst-case scenario for the ice shelf, at least this century, “is a little less worse than it used to be.”

“We’ve kind of shrunk the monster a little bit,” said Dr. Scambos, who is part of the Thwaites effort but was not directly involved in this research.

The new findings were in two papers in Nature: Dr. Davis was the lead author of one, and Britney E. Schmidt, a geophysicist at Cornell University, was the lead author of the other.

For the full story, see:

Henry Fountain. “Scientists Get Close Look Beneath a Giant Ice Shelf Melting Near Antarctica.” The New York Times (Thursday, February 16, 2023): A6.

(Note: ellipsis added.)

(Note: the online version of the story has the date Feb. 15, 2023, and has the title “Scientists Get a Close-Up Look Beneath a Troubling Ice Shelf in Antarctica.” The version quoted above omits a sentence that appears in the online, but not the print, version of the article.)

The two academic articles in Nature reporting the lessened Antarctic ice melting, are:

Davis, Peter E. D., Keith W. Nicholls, David M. Holland, Britney E. Schmidt, Peter Washam, Kiya L. Riverman, Robert J. Arthern, Irena Vaňková, Clare Eayrs, James A. Smith, Paul G. D. Anker, Andrew D. Mullen, Daniel Dichek, Justin D. Lawrence, Matthew M. Meister, Elisabeth Clyne, Aurora Basinski-Ferris, Eric Rignot, Bastien Y. Queste, Lars Boehme, Karen J. Heywood, Sridhar Anandakrishnan, and Keith Makinson. “Suppressed Basal Melting in the Eastern Thwaites Glacier Grounding Zone.” Nature 614, no. 7948 (Feb. 16, 2023): 479-85.

Schmidt, B. E., P. Washam, P. E. D. Davis, K. W. Nicholls, D. M. Holland, J. D. Lawrence, K. L. Riverman, J. A. Smith, A. Spears, D. J. G. Dichek, A. D. Mullen, E. Clyne, B. Yeager, P. Anker, M. R. Meister, B. C. Hurwitz, E. S. Quartini, F. E. Bryson, A. Basinski-Ferris, C. Thomas, J. Wake, D. G. Vaughan, S. Anandakrishnan, E. Rignot, J. Paden, and K. Makinson. “Heterogeneous Melting near the Thwaites Glacier Grounding Line.” Nature 614, no. 7948 (Feb. 16, 2023): 471-78.

Billions in Subsidies for Solar and Wind Are Wasted by Delayed Approvals of Connections to a Slow-Growing Grid

(p. A1) Plans to install 3,000 acres of solar panels in Kentucky and Virginia are delayed for years. Wind farms in Minnesota and North Dakota have been abruptly canceled. And programs to encourage Massachusetts and Maine residents to adopt solar power are faltering.

The energy transition poised for takeoff in the United States amid record investment in wind, solar and other low-carbon technologies is facing a serious obstacle: The volume of projects has overwhelmed the nation’s antiquated systems to connect new sources of electricity to homes and businesses.

So many projects are trying to squeeze through the approval process that delays can drag on for years, leaving some developers to throw up their hands and walk away.

More than 8,100 energy projects — the vast majority of them wind, solar and batteries — were waiting for permission to connect to electric grids at the end of 2021, up from 5,600 the year before, jamming the system known as interconnection.

. . .

(p. A15) It now takes roughly four years, on average, for developers to get approval, double the time it took a decade ago.

And when companies finally get their projects reviewed, they often face another hurdle: the local grid is at capacity, and they are required to spend much more than they planned for new transmission lines and other upgrades.

. . .

Electricity production generates roughly one-quarter of the greenhouse gases produced by the United States; cleaning it up is key to President Biden’s plan to fight global warming. The landmark climate bill he signed last year provides $370 billion in subsidies to help make low-carbon energy technologies — like wind, solar, nuclear or batteries — cheaper than fossil fuels.

But the law does little to address many practical barriers to building clean energy projects, such as permitting holdups, local opposition or transmission constraints. Unless those obstacles get resolved, experts say, there’s a risk that billions in federal subsidies won’t translate into the deep emissions cuts envisioned by lawmakers.

. . .

Delays can upend the business models of renewable energy developers. As time ticks by, rising materials costs can erode a project’s viability. Options to buy land expire. Potential customers lose interest.

. . .

When a proposed energy project drops out of the queue, the grid operator often has to redo studies for other pending projects and shift costs to other developers, which can trigger more cancellations and delays.

It also creates perverse incentives, experts said. Some developers will submit multiple proposals for wind and solar farms at different locations without intending to build them all. Instead, they hope that one of their proposals will come after another developer who has to pay for major network upgrades. The rise of this sort of speculative bidding has further jammed up the queue.

“Imagine if we paid for highways this way,” said Rob Gramlich, president of the consulting group Grid Strategies. “If a highway is fully congested, the next car that gets on has to pay for a whole lane expansion. When that driver sees the bill, they drop off. Or, if they do pay for it themselves, everyone else gets to use that infrastructure. It doesn’t make any sense.”

. . .

Massachusetts and Maine offer a warning, said David Gahl, executive director of the Solar and Storage Industries Institute. In both states, lawmakers offered hefty incentives for small-scale solar installations. Investors poured money in, but within months, grid managers were overwhelmed, delaying hundreds of projects.

“There’s a lesson there,” Mr. Gahl said. “You can pass big, ambitious climate laws, but if you don’t pay attention to details like interconnection rules, you can quickly run into trouble.”

For the full story, see:

Brad Plumer. “U.S. Solar Goal Stalled by Wait On Creaky Grid.” The New York Times (Friday, February 24, 2023): A1 & A15.

(Note: ellipses added.)

(Note: the online version of the story was updated Feb. 28, 2023, and has the title “The U.S. Has Billions for Wind and Solar Projects. Good Luck Plugging Them In.”)

E.S.G.–“Extremely Silly Grandstanding”

Source of graphic: online version of the NYT article quoted and cited below.

(p. B1) E.S.G. — which refers to environmental, social and governance standards — has become a point of contention for red-state legislators defending the fossil fuel industries that employ their residents.

. . .

(p. B4) So what is E.S.G., anyway? As investors rename their firms and their funds in a race to ride the E.S.G. wave, cynics see the debate over the term’s definition as degenerating into everyone seeing gibberish. Because funds can define E.S.G. nearly any way they want, they have come to resemble an extra-strange goulash. Sometimes, these new or newly rebranded operations are just elegantly simple greenwashing and nothing more.

For the full commentary, see:

Ron Lieber. “YOUR MONEY; Bankers Are Suing Lawyers In Kentucky’s E.S.G. Battle.” The New York Times (Saturday, February 25, 2023): B1 & B4.

(Note: ellipsis added.)

(Note: the online version of the commentary has the date February 24, 2023, and has the title “YOUR MONEY; The E.S.G. Fight Has Come to This: Bankers Suing Lawyers.”)

In Poor Country Where “Few People Have Air Conditioning” Heat Reduces Ability of Children to Learn and Parents to Produce

A growing movement among intellectuals opposes economic growth. I doubt that the movement will catch on in Freetown, Sierra Leone, where economic growth would allow more citizens to afford air conditioning.

(p. A4) . . . Eugenia Kargbo . . . [is] Freetown’s first chief heat officer, a post created in 2021, . . .

. . .

“Heat is invisible but it’s killing people silently,” Ms. Kargbo said in an interview on one of the top floors of Freetown’s city hall, a massive air-conditioned building that towers over the dozens of informal settlements dotting the capital of the small West African nation.

“Children are not sleeping at night because of extreme temperature,” she said. “It affects their ability to learn and their parents’ productivity.”

. . .

The country is one of the world’s poorest; few people have air conditioning; . . .

For the full story, see:

Elian Peltier. “In West African Hub, She Works to Counter Rising Temperatures.” The New York Times (Tuesday, January 7, 2023): A4.

(Note: ellipses added.)

(Note: the online version of the story has the date January 6, 2023, and has the title “She Is Africa’s First Heat Officer. Can She Make Her City Livable?”)