XOM all in with CCS

$5 billion wow... Since building gas lines has its own legal challenges it makes sense to buy existing pipe.
 
I wonder if this has anything to do with the Lithium project in Arkansas. They're going to try to extract lithium from a brine deposit which extends from TX to FLA.
CCS is about a need to remove the emissions from the air - so for example you‘d connect a fixed generator site to “pore space” - which requires geoscience & wells …
Lithium still requires geoscience and wells - somewhat like how they circulate out uranium in S. Texas … but that lithium is for electrons.
 
Now that the Gov't has been putting more emphasis on the REAL issue, methane, I'd say XOM has enough "capturing" to do.
Of course, all of those leaking gas wells are under someone elses name, or just totally abandoned.
 
Now that the Gov't has been putting more emphasis on the REAL issue, methane, I'd say XOM has enough "capturing" to do.
Of course, all of those leaking gas wells are under someone elses name, or just totally abandoned.
Well - it’s CO2 - oil companies sell products that burn - others burn them … The service is available to those industries as I pointed out …
 
Last edited:
Well - it’s CO2 - oil companies sell products that burn - others burn them … The service is available to those industries as I pointed out …
People burn trees too. In fact, they cut them down in the United States, ship them overseas by fossil fuel powered ships, then burn them there and claim they are saving CO2 emissions by using a renewable resource.
 
It's 4 times more potent than CO2 at increasing global warming.
Ok, so it’s 16 parts per 10,000 in the atmosphere? On a UOA at that extremely minor level is what is called noise, not a signal.

And I’d love to see your source for that, since it’s a well-accepted fact that water vapor is responsible for about 95% of increased heat retention. Since CO2 is about 3%, that doesn’t leave enough residual for methane to be 4x CO2’s effect.
 
And what is the REAL issue with methane?
GWP of methane is 27x greater than CO2 over a 100 year period. However, during the first 25 yrs methane is released into the atmosphere the GWP is 80x greater than CO2.

There's a real concern that a gradual increase in temperature will cause the rapid release of methane stored in the permafrost and generate more methane as the organic material rots away. In fact it's already occurring in Siberia.

https://www.reuters.com/business/en...ssias-far-east-thaws-planet-warms-2023-07-21/

https://www.reuters.com/world/europ...ussia, Oct 18 (,puffed-up mounds and reliefs.

This is a big problem for Russian energy production because it's the source of their Natgas reserves.
 
Last edited:
Ok, so it’s 16 parts per 10,000 in the atmosphere? On a UOA at that extremely minor level is what is called noise, not a signal.

And I’d love to see your source for that, since it’s a well-accepted fact that water vapor is responsible for about 95% of increased heat retention. Since CO2 is about 3%, that doesn’t leave enough residual for methane to be 4x CO2’s effect.
There are two separate things here.

1. The chemical propensity of any given gaseous molecule to contribute to greenhouse effects.

2. The current greenhouse effect from a given component of the current global atmosphere.

You’re thinking of 2 when the other person is talking about 1. Methane is chemically a very potent greenhouse gas. That said, it doesn’t (yet?) contribute a lot to global temperature because there isn’t a lot of it in the atmosphere and it decays (to CO2) relatively rapidly.

Water vapor is essentially at steady state equilibrium in the global atmosphere and for the sake of this conversation cancels out of the equation. Its effect is a given, and always has been.
 
Water vapor is essentially at steady state equilibrium in the global atmosphere and for the sake of this conversation cancels out of the equation. Its effect is a given, and always has been.
However, as the earth heats up this will put more* water vapor into the air which will increase the frequency and severity of storms.

There are also concerns that warmer temps will have a negative influence on ocean currents since many fish species rely on nutrient rich cold water. How will weakened ocean currents force fish stocks to move and will the movement have a negative impact on people who use them as a source of cheap protein and income for the local economy.

*Additional water added to the system via melting at the polar caps.
 
Last edited:
However, as the earth heats up this will put more* water vapor into the air which will increase the frequency and severity of storms.

There are also concerns that warmer temps will have a negative influence on ocean currents since many fish species rely on nutrient rich cold water. How will weakened ocean currents force fish stocks to move and will the movement have a negative impact on people who use them as a source of cheap protein and income for the local economy.

*Additional water added to the system via melting at the polar caps.
The equilibrium may shift towards a higher water vapor concentration in a positive feedback mechanism as global average temperatures increase, yeah. I just didn’t want to layer on that much complexity yet.

IIRC, it actually has more to do with evaporation rates than polar ice. The higher the avg ocean surface temp and air temp, the more evap.
 
Back
Top Bottom