Given the enormous global demand for energy, the answer to climate change is not choosing one energy form over another, rather it is about mitigating environmental impact in every single energy form and application.
The smartest thing we can do with oil and gas is use it to fuel new energy sources. Oil and gas provide the foundation for the development and production of energy in every energy sector including; solar, wind, hydro, nuclear, tidal, geothermal and biofuels.
There’s a lot of misinformation floating around and it’s unsubstantiated rhetoric to believe renewables are going to replace fossil fuels any time soon. This is the era of clean energy innovation for both non-renewables and renewables.
Given all of that, how do we mitigate the environmental impact of petroleum when we need it to fuel the development of renewable energy?
We start with the obvious. We evaluate the biggest contributors to emission pollution and prioritize them from there. At the top of the list of oil and gas pollution contributors is flaring natural gas which produces Methane emissions.
If you’ve driven through an area where oil and gas is being extracted from shale formations, or seen an offshore oil platform in operation, you may have seen flames coming out of high-standing flaring pipes. That is gas flaring off and it’s one of the most destructive processes playing havoc with our environment in the oil production process.
The U.S. shale oil and gas boom has rendered the United States one of the world’s top flaring nations, next to Russia, Iran, and Iraq.
There are many ways to combat flaring emissions, we just need to be creative enough to find them.
Energy professionals, scientists, and experts understand that the answer to climate change is not ending fossil fuels and replacing them with renewables (which also have an environmental impact), rather it’s developing every energy source and application with far less environmental impact.
That means not only changing the way we produce energy but also transforming the things we use petroleum for. Things like fuel for cars, trucks, rail transport, air travel, plastics, makeup, heating oils, lighting, diesel and gasoline turbines, lubricants, dyes, paints, carbon black and sulphur fuels, petrol, paraffin, diesel, gas oil, aviation gasoline, grease, vaseline, wax, asphalt and the list goes on.
Are we going to stop making and using those things?
No. We don’t eliminate that which sustains us. We transform it to a higher version of itself where it has a far less environmental impact.
Oil and gas innovators are dealing with carbon pollution in two ways.
1. They are creating carbon neutrality with carbon offsets.
2. They are reducing or eliminating carbon emissions where it counts.
Those two methods include everything from using the Cactus plant to offset carbon, all the way to using gas in oil production and transforming it to energy for computer data centers. People all over the world are making changes and transforming our new energy world into a more conscious energy-producing planet that is far more environmentally friendly.
It is a very interesting time in history and innovation is saving the day.
Chase Lochmiller, is the Co-Founder & CEO of Crusoe Energy was recognized as one of the 100 Most Intriguing Entrepreneurs of 2021 at the Builders + Innovators Summit in Healdsburg, California for his work in transforming flare gas into a usable alternative. Here’s how it works.
Crusoe Energy is converting wasted natural gas to energy-intensive computing solutions. Crusoe’s patented award-winning Digital Flare Mitigation® (DFM) provides oil and gas companies with a fast, low cost, and simple solution to natural gas flaring.
As the energy industry works to address infrastructure constraints and increase environmental standards around flaring and emissions, this is a concept whose time has come.
Check them out: www.crusoeenergy.com
Addressing climate change is about developing the new energy mix and simultaneously mitigating environmental risk. Some energy sectors may take more effort to reduce emissions than others, but it is possible to do so in every energy sector.
As forward thinkers, we need to envision a world where energy works for us, rather than against us. We need to stop wasting time on debating which energy sources are better and just get on with it.
We need to share our stories, our successes, and our solutions to level the playing field and get these solutions working worldwide. We need to utilize our global collective intelligence to solve our global problems and execute with precision and use computers to get us there.
Here at the OGM, our goal is to share the stories that support every energy source being a contribution to our people and our planet. If you are creating products and services that elevate our new energy world we invite you to share them here. TheOGM.com/U-publish-it.
Source & Pictures: CrusoeEnergy.com
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