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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]
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.
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.
The Petroleum Papers is a 2022 non-fiction book by journalist Geoff Dembicki on climate change and the fossil fuel industry.. The book documents that specific oil companies had an early awareness of the relationship between climate change and fossil fuels but then deliberately made efforts to discredit the climate science and prevent government regulation.
The world’s latest climate deal could be that milestone. But recent events show the oil and gas industry still has a very different vision of the future. Why Big Oil isn’t losing any sleep ...
In April, Trump allegedly promised oil industry executives that he would reverse some of Biden’s climate policies in exchange for a $1 billion contribution to this reelection campaign, according ...
The government then put up over 80 million acres of the Gulf of Mexico at auction, and companies bid on the right to drill in over 1.7 million offshore acres. In January 2022, however, a federal judge ruled that the Department of the Interior had underestimated the effects on climate and that the drilling could not proceed. [25]
As a result, despite global economic uncertainties, rising geopolitical tensions, intensifying climate change concerns, and a strengthened plan for phasing out fossil fuels, oil and gas M&A ...