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Global warming: Greenhouse gas warming takes only weeks be felt

2015-06-03 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Times: The warming from carbon dioxide released by burning a lump of coal exceeds the heat generated by the combustion in just 34 days. It takes 45 days for oil combustion and 59 days for natural gas to achieve comparable warming to that generated by burning the respective fuel. This shows that global warming does not take years and decades for its effects to be felt, shows a study by climate scientists at the Carnegie Institution for Science. "Ultimately, the warming induced by carbon dioxide over the...

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Exxon CEO says Europe should see climate benefit shale gas

2015-06-03 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Exxon Mobil Corp. CEO Rex Tillerson said Europe should see the tremendous environmental benefits of producing natural gas from shale, pointing to the U.S. output boom as a model for cutting greenhouse-gas emissions. Natural gas and shale have been instrumental in reducing CO2 emissions to levels not seen since the 1990s in the U.S., the chairman and chief executive officer of the Irving, Texas-based company said at the World Gas Conference in Paris Tuesday. U.S. gas production has soared...

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'No shale gas revolution in Europe'

2015-06-03 15:13:25| BBC News | Business | UK Edition

There will be no US-style shale gas revolution in Europe, the president of the International Gas Union (IGU) has told the BBC.

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Big Oil becomes Big Gas as climate threat spurs tussle with coal

2015-06-03 10:39:10| Oil & Gas - Topix.net

Oil companies that have pumped trillions of barrels of crude from the ground are now saying the future is in their other main product: natural gas, a fuel they're promoting as the logical successor to coal. With almost 200 nations set to hammer out a binding pact on carbon emissions in December, fossil-fuel companies led by Royal Dutch Shell PLC and Total SA say they're refocusing on gas as a cleaner alternative to the cheap coal that now dominates electricity generation worldwide.

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Fatal Chevron gas well explosion leads to record fine in Penn.

2015-06-03 01:15:03| Oil & Gas - Topix.net

Oil and natural gas producer Chevron Corp paid a $939,553 fine for a fatal 2014 explosion at one its Pennsylvania gas wells that state officials on Tuesday said may be the largest amount paid for a single incident. The fine reflected the state Department of Environmental Protection's assessment that the No.

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