Carbon Offsets Daily

Daily carbon offset news, insight, community.

  • Author:
  • Published: Jan 13th, 2011
  • Category: USA
  • Comments: None

Carbon Dioxide, the Bane of Environmentalists, Is in Demand in the Oil Industry


| Sourced From |

The Obama administration views carbon dioxide as a pollutant that warms the earth, and it imposed new regulations at the beginning of the year to begin to control CO2 emissions. But to Texas oilmen, carbon dioxide is a useful and scarce commodity that is vital to extracting hard-to-reach oil reserves.

In Texas, the nations largest oil-producing state, the demand for CO2 is soaring because carbon dioxide can help squeeze oil out of formations deep underground and new carbon dioxide-producing plants are in the works.

Last month, Texas air-quality regulators approved crucial permits for two coal-fired power plants that will capture their carbon dioxide emissions and sell them for use in nearby oil fields. Also in December, a major new pipeline operated by Denbury Resources of Plano began ferrying carbon dioxide from Mississippi to oil fields near Houston.

Related posts:

  1. View: Adding nuclear power can meet energy demand while not increasing carbon dioxide emissions
  2. Global warming: Carbon dioxide emissions increasing in Montana, group reports
  3. Public Citizen sues state, urging regulation of carbon dioxide emissions
  4. Environmental groups want stricter regulation of carbon dioxide emissions in Wyoming
  5. Laser cuts carbon dioxide emissions

Tags: , ,

Leave a Reply

© 2009 Carbon Offsets Daily. All Rights Reserved.

This blog is powered by .