Carbon sequestration is alive and well and lLiving in Land of OZ

[Michaelangelica]

A huge expensive, untried, doggey, carbon sequestration experiment may soon start in Australia. If dopey politicians get their way.:eek_big:

http://www.theaustralian.news.com.au/story/0,20867,20808818-1702,00.html

 

http://www.energybulletin.net/5219.html

(Very good article writen by someone in the business-especially the last bit about underground storage of CO2):hihi:

 

 

Chevron is so poor it needs help from the Australian Government?!:eek2:

Poor buggers only made 4 or 5 Bil last year?:D

 

Two WA lib MPs got $4,000 (declared) from Chevron last year.

 

I believe Chevron give lots to the USA Republicans too.

[Zythryn]

I have heard that U.S. oil companies are used to getting a trillion dollars in subsidies. Yep, they return a tiny bit of that in donations to political parties.

 

Does anyone know where a list of subsidies by year are for the U.S. government? I have heard this number, but really would like to find a source.

[Michaelangelica]

 

Does anyone know where a list of subsidies by year are for the U.S. government? I have heard this number, but really would like to find a source.

Here is some

California Gov. Arnold Schwarzenegger ® repeatedly touts the environment as his top priority — he even changed his official campaign color to green.

 

Yet Schwarzenegger recently announced his opposition to the Clean Alternative Energy Initiative, a landmark ballot measure that would finance alternative energy research and development by imposing a tax on oil companies. (The initiative is backed by dozens of California green groups, and would boost the state's economy according to UC Berkeley's Goldman School of Public Policy.)

The governor's opposition might have something to do with the nearly $2 million in campaign contributions from oil companies he's received since 2002. Chevron gave a total of $600,000 to his campaign and paid for his trip to the 2004 Republican National Convention in New York City.

 

http://thinkprogress.org/2006/06/28/schwarzenegger-environment/

 

http://www.law.cornell.edu/supct/html/historics/USSC_CR_0467_0837_ZO.html

This might help

http://www.google.com/search?q=cache:cVKzaGwXVaMJ:www.politicalaccountability.net/files/TAChevronTexaco-06.pdf+chevron+political+donations&hl=en&gl=au&ct=clnk&cd=1&client=firefox-a

 

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Page 1

©2006 – Center for Political Accountability

2006 Transparency & Accountability Report

 

National Security Advisor Candoleezza RiceCondoleezza Rice was a Chevron Director from 1991 until January 15, 2001

 

. Vice President Cheney was Chairman and Chief Executive of Dallas based Halliburton Corporation, the world�s largest oil field services company with multi-billion dollar contracts with oil corporations including Chevron.

the Bush administration is reluctant to confront oil and gas companies and is lax in collecting royalties.

 

"The government is giving up without a fight," said Richard T. Dorman, a lawyer representing private citizens suing Chevron over its federal royalty payments.

"If this decision is left standing, it would result in the loss of tens of millions, if not hundreds of millions, of dollars in royalties owed by other companies."

 

In return for the right to drill on federal lands and in federal waters, energy companies are required to pay the government a share of their proceeds. Last year, businesses producing natural gas paid $5.15 billion in government royalties.

 

But the Bush administration has come under fire on Capitol Hill for its record on collecting payments.

Administration officials knew that dozens of companies had incorrectly claimed exemptions from royalties since 2003, but they waited until December 2005 to send letters demanding about $500 million in repayments.http://www.thebushagenda.net/article.php?id=278