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Banks Worth $47 Trillion Adopt New U.N.-Backed Climate Principles

           

Smoke billows during a fire in an area of the Amazon rainforest near Porto Velho, Rondonia State, Brazil, September 17, 2019. REUTERS/Bruno Kelly

CLICK HERE - UN - Principles for Responsible Banking

reuters.com - by Matthew Green - September 22, 2019

Banks with more than $47 trillion in assets, or a third of the global industry, adopted new U.N.-backed “responsible banking” principles to fight climate change on Sunday that would shift their loan books away from fossil fuels.

Deutsche Bank (DBKGn.DE), Citigroup (C.N) and Barclays (BARC.L) were among 130 banks to join the new framework on the eve of a United Nations summit in New York aimed at pushing companies and governments to act quickly to avert catastrophic global warming.

“These principles mean banks have to consider the impact of their loans on society – not just on their portfolio,” Simone Dettling, banking team lead for the Geneva-based United Nations Environment Finance Initiative, told Reuters.

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Fracking Causing Rise in Methane Emissions, Study Finds

           

The boom in fracking for shale gas has dramatically increased global methane emissions. Photograph: Andrew Burton/Getty Images

CLICK HERE - STUDY - Ideas and perspectives: is shale gas a major driver of recent increase in global atmospheric methane?

Researchers say boom in shale oil and gas major contributor to climate emergency

theguardian.com - by Jillian Ambrose - August 14, 2019

The boom in the US shale gas and oil may have ignited a significant global spike in methane emissions blamed for accelerating the pace of the climate crisis, according to research . . .

. . . Researchers had previously assumed the “non-traditional” methane was from biological sources such as cows and wetlands, but the latest research suggests unconventional oil and gas from fracking may be playing a significant part.

The theory would support a correlation in the rise of methane in the atmosphere and the boom in fracking across the US over the last decade . . .

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Motiva Confirms Release of 'Petroleum Coke Dust' from Port Arthur Refinery, Sets Up Claims Line

           

Photo by: Felicia Alexander-Branch

Port Arthur residents can call 1-800-451-7746 if they were affected by Friday's dust release.

12newsnow.com - by Raegan Gibson - July 1, 2019

PORT ARTHUR, Texas — Motiva confirmed to 12News a 'petroleum coke dust' release happened on Friday. 

The written statement said the Port Arthur refinery had 'an event' that resulted in the release of the dust. 

A claims line has been set up as a 'cautionary measure' for anyone who was affected by the release. 

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Environmental Groups Hold Joint Press Conference and Explain Why They're Suing Valero

kfdm.com - by Quentin Hope - May 22, 2019

PORT ARTHUR — Three groups have announce an intent to sue Valero, which is one of the largest refinery companies in the world.

The Port Arthur Community Action Network, Environment Texas and the Sierra Club all claim that Valero is in violation of the Clean Air Act.

According to Valero's own reports, the company has more than 600 violations over the past five years.

View the video news report within the link below . . .

https://kfdm.com/news/local/environmental-groups-hold-joint-press-conference-and-explain-why-theyre-suing-valero

Also see related articles within the links below . . .

CLICK HERE - Group threatens to sue Valero

CLICK HERE - Texas environmentalists plan lawsuit against Valero for pollution

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Emissions Concerns Arise Over Port Arthur Plant

           

Oxbow Calcining, LLC, plant in Port Arthur operates recently. Photo taken Friday, February1, 2019 Photo by Kim Brent/The Enterprise

beaumontenterprise.com - by Kaitlin Bain - April 8, 2019

. . . Oxbow's Port Arthur calcining plant, on a 112-acre waterfront site near the Sabine Neches Ship Channel, uses petroleum coke, a byproduct from the oil refining process, to create calcined coke, which is then sold to make aluminum, titanium dioxide and other industrial products.

Sulfur dioxide and heat are two byproducts of this process.

Oxbow released more than 11,000 tons of sulfur dioxide into the air in 2016, according to calculations by the Texas Commission on Environmental Quality, making it one of the top 10 emitters of the invisible chemical in the state.

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Residents Near Fire Raging at Texas Chemical Plant Raise Health Concerns

           

Fire in Texas raging at chemical plant, nearby residents concerned for health - CBS News

cbsnews.com - by Janet Shamlian - March 19, 2019

A chemical plant near Houston has been burning since Sunday morning . . .

. . . The plant owner, Intercontinental Terminals Company (ITC), said while the fire looks ominous, no one is in danger. ITC spokesman David Wascome said they continue to monitor air quality . . .

. . . Jorge Guerra, who lives three miles away, doesn't believe it.

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‘Unacceptable’: Lawmakers Question Decision Not To Monitor Harvey Pollution With NASA Jet

           

After Hurricane Harvey hit the Texas coast in August 2017, the storm stalled over Houston and dumped as much as 60 inches of rain on some parts of the region.  Katie Hayes Luke for NPR

Lawmakers called the decision “deeply troubling.”

houstonpublicmedia.org - by Davis Land - March 7, 2019

Lawmakers on the U.S. House science committee have questions for federal and Texas officials about a decision not to fly a NASA jet that would have provided more comprehensive data on air pollution after Hurricane Harvey.

Committee members Lizzie Fletcher (D-TX), Eddie Bernice Johnson (D-TX) and Mikie Sherrill (D-NJ) have requested documents relating to the decision from the Environmental Protection Agency, Texas Commission on Environmental Quality (TCEQ) and NASA.

The request comes after an L.A. Times article revealed NASA officials offered up a high-tech air-sampling jet to help with pollution monitoring after Hurricane Harvey. The EPA and TCEQ reportedly pushed back on the offer, saying data from the state-of-the-art airplane would not be helpful. Their response informed NASA officials’ decision not to fly.

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More Than 300 Local Officials From 40 States Call For Green New Deal, End Of Fossil Fuels

           

Workers install solar panels.  Associated Press

The open letter includes a signature from a former high-level Mobil Oil executive.

CLICK HERE - Elected Officials to Protect America - Empowering lawmakers to act boldly on climate

huffingtonpost.com - by Alexander C. Kaufman - December 14, 2018

In a little over a month, the so-called Green New Deal has won endorsements from more than three dozen sitting or incoming federal lawmakers as Rep.-elect Alexandria Ocasio-Cortez (D-N.Y.) makes a high-profile bid to shift debate over climate change toward policy on the scale of the crisis. 

On Friday, the effort got a boost from 311 state and local officials.

Forty-four mayors, 63 county and state legislators and 116 city council members were among the officials from 40 states ― including some top oil and gas producers ― who signed an open letter issuing a sweeping, full-throated call for the phaseout of fossil fuels and adoption of Green New Deal-style climate policies.

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More Americans View Climate Change as 'Imminent' Threat

           

FILE PHOTO: Vapor is released into the sky at a refinery in Wilmington, California March 24, 2012. REUTERS/Bret Hartman/File photo

reuters.com - by Maria Caspani - December 13, 2018

A growing percentage of Americans see climate change as an “imminent” threat driven mainly by human activity, and more than two-thirds want Washington to work with other nations to combat it, according to a Reuters/Ipsos poll released on Thursday . . . 

. . . The survey came close on the heels of a U.S. government report released last month that said climate change will cost the U.S. economy hundreds of billions of dollars by the end of the century, undermining health, infrastructure, and industries from farming to energy production.

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Rioting Engulfs Paris as Anger Grows Over High Taxes

           

Protesters demonstrate against rising costs of living they blame on high taxes near the Arc de Triomphe on the Champs-Elysees avenue in Paris on Dec. 8, 2018.  Sameer Al-Doumy/ AFP/Getty Images

chicagotribune.com - apnews.com - by ELAINE GANLEY and JOHN LEICESTER - December 8, 2018

The rumble of armored police trucks and the hiss of tear gas filled central Paris on Saturday, as French riot police fought to contain thousands of yellow-vested protesters venting their anger against the government in a movement that has grown more violent by the week . . . 

. . . Amid the melee, President Emmanuel Macron remained invisible and silent, as he has for the four weeks of a movement that started as a protest against a gas tax hike and metamorphosed into a rebellion against high taxes and eroding living standards . . .

. . . Macron on Wednesday agreed to abandon the fuel tax hike, which aimed to wean France off fossil fuels and uphold the Paris climate agreement. Many economists and scientists say higher fuel taxes are essential to save the planet from worsening climate change, but that stance hasn't defused the anger among France's working class.

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