• föderal umdrehen@feddit.de
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    6 months ago

    To be honest, I don’t really get why there needs to be a fund to support gas/oil companies in finding methane leaks and stopping flaring. These companies are effectively burning/emitting some of their own potential profits. I find it hard to believe that national gas/oil companies would be so cash-starved that they couldn’t finance a straightforward way to secure additional profits from existing sites. Am I missing something?

    • activistPnk
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      6 months ago

      I have no doubt the bottom line is king to them, which surely must imply that the cost of plugging the leaks exceeds the value of the fuel they would recover.

      What I don’t get is why they are not being forced to plug the leaks at their own cost. Seems to showcase that regulation is an embarrassment.

  • activistPnk
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    6 months ago

    How did this post get an “archived copies” line? Is that something you added manually?

    Note that the Ghostarchive link is good. It’s Cloudflare-free, open to all, and even better than the original link. So I don’t even see the value in giving the original link which has blocking mechanisms. OTOH, Archive.is is terrible. Cloudflare and tor-hostile, thus a walled-garden itself.

    • silence7OPM
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      6 months ago

      I added it manually. I do that for posts where I don’t have a paywall-bypassing gift link.

      Archive.is is terrible in terms of privacy, but does a better job of collecting the site without pop-overs and without losing images and such

      • activistPnk
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        6 months ago

        Good idea.

        I have images disabled in my browser so I suppose that’s why I found Ghostarchive better.

  • activistPnk
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    6 months ago

    BBC radio just reported that ExxonMobil has had such high profits since the pandemic that it’s now suspected of being a key contributor to the current global inflation crisis (“greedflation”). WTF. This makes it even more despicable that Chevron and Exxon opt out of funding methane reduction.

    Exxon, Chevron, and Kraft Heinz are notorious scumbags who I’ve been boycotting for over a decade. Everyone should be boycotting these companies.

  • activistPnk
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    6 months ago

    The initiative secured $25 million each from six oil companies: BP Plc, Eni SpA, Equinor ASA, Occidental Petroleum Corp., Shell Plc and TotalEnergies SE. Some countries also ponied up, with the United Arab Emirates that is hosting COP28 providing $100 million; the US, $2 million; Germany, $1.5 million; and Norway, $1 million.

    No mention of #Adnoc? Isn’t there a bit of a scandal with Sultan Al Jabar being part of COP28 while being the CEO of Adnoc?

    BTW, indeed that list of oil companies seems to be a lesser of evils AFAICT, apart perhaps from Shell who Greenpeace really picks on for some reason (maybe the spills?)

    The greatest of evils should of course be boycotted. There is no reason you have to buy fuel from:

    • Chevron (an ALEC member who was caught financing the cloakroom project to conceal meetings between US republicans and giant corps)
    • Exxon/Mobil who discovered climate change and concealed it (#ExxonKnew)

    The best action is to stop driving a personal car. But if you don’t think you can (yes you can; #fuckCars), the least you can do is boycott #Chevron and #ExxonMobile.