OVL had signed production sharing contract (PSC) for the 7,058 sq km Block 128 in offshore Phu Khanh Basin, Vietnam, on May 24, 2006. The Ministry of Planning and Investment (MPI), Vietnam, issued an investment licence for the block on June 16, 2006, being effective date of the PSC. … [Read more...] about OVL seeks 2-yr extension for exploring Vietnamese oil block in South China Sea
Autozone deals oil change
Republicans — from lawmakers to 2016 candidates — have criticized the plans and upcoming accord, so Obama will likely have to rely on his ever-popular executive powers to make these changes happen, as he has had to do for most of the climate-change initiatives he has tackled during his presidency. As Politico points out, there was an amendment to the Keystone XL bill that would have barred the U.S. from any international treaties allowing countries to promise different levels of emission cuts — which sounds a lot like what the Paris accords are shaping up to be. If the climate-change treaty happens, expect a lot of complaints that sounds exactly like the howls over the Iran talks and Obama’s executive action on immigration. … [Read more...] about Obama Set to Announce His Peer-Pressure Plan for Climate Change
When you think about it, the finding is not too surprising: This kind of geoengineering would shade the planet from sunlight, and sunlight, of course, is a major driver of plant growth. Which also suggests the findings may have some dispiriting implications for using geoengineering with other strategies of climate-change mitigation and adaptation, namely the hope that reforestation and what is called “bio-energy with carbon capture and storage” — or BECCS — could meaningfully minimize global warming. Both of these strategies would work, theoretically, by deploying plants’ natural photosynthetic processes, which draws carbon out of the air and produces oxygen, at grand scale. Unfortunately, photosynthesis requires sunlight, so a planet receiving less of it would also suck less carbon. … [Read more...] about Solar Geoengineering May Be Our Last Resort for Climate Change. What If It Doesn’t Work?
The scale of the technological transformation required to change all that dwarfs every technological revolution ever engineered in human history, including electricity and telecommunications and even the invention of agriculture 10,000 years ago. By definition, it dwarfs them, because it contains all of them — every single one needs to be reimagined and rebuilt from the foundation, since every single one breathes carbon like a ventilator. It took New York City 45 years and $4.5 billion to build three new stops on a single subway line. It’s obviously possible that project might’ve been completed more quickly, and more affordably, if undertaken by private enterprise. But the world has about 30 years, it is estimated, to entirely remake its infrastructure, agriculture, industry, and consumer culture. If you can imagine a tax rate on carbon that would produce that kind of revolution in just three decades, you have a better imagination than I do. … [Read more...] about Can a Carbon Tax Solve Climate Change? Well, No.
The UNECE has 56 members but the study mostly focuses on continental Europe. It examines both how extreme weather such as landslides and floods can wash out bridges but also slower changes such as rising temperatures which can cause railway tracks to buckle. … [Read more...] about Europe’s infrastructure at “high risk” from climate change: U.N. study