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Many compounds found in oil are highly toxic and can cause cancer (carcinogenic) as well as other diseases. [23] Studies in Taiwan link proximity to oil refineries to premature births. [26] Crude oil and petroleum distillates cause birth defects. [27] Benzene is present in both crude oil and gasoline and is known to cause leukaemia in humans. [28]
Oil and gas producers must confront a “pivotal” choice: continue to accelerate the climate crisis or become part of the solution, the International Energy Agency said in a report Thursday.
Rebecca Babin, CIBC Private Wealth Management Senior Energy Trader, joins Yahoo Finance to discuss Hurricane Ida's impact on the oil industry. 'More expensive infrastructure' required to defend ...
In 2023, California sued five of the largest oil and gas companies in the world for a “decades-long campaign of deception” about climate change, including ConocoPhillips, which spun off ...
This represented a 10% decline in those favoring offshore oil rigs since 2014. Generally, people who live within 25 miles of the coastline oppose offshore oil drilling more so than those who live farther from the coast. Also, Democrats oppose additional rig development at a rate of 71%, while only 22% of Democrats favor more offshore oil rigs.
"In the UK, all oil and gas operators must minimise the release of gases as a condition of their licence from the Department of Energy and Climate Change (DECC). Natural gas may only be vented for safety reasons." [24] Also transportation of necessary water volume for hydraulic fracturing, if done by trucks, can cause emissions. [25]
(Reuters) -The U.S. oil and gas industry on Tuesday called on President-elect Donald Trump to scrap many of President Joe Biden's policies aimed at fighting climate change, saying the measures ...
While crude oil and natural gas are also being phased out in chemical processes (e.g. production of new building blocks for plastics) as the circular economy and biobased economy (e.g. bioplastics) are being developed [16] to reduce plastic pollution, the fossil fuel phase out specifically aims to end the burning of fossil fuels and the consequent production of greenhouse gases.