This is particularly important in industries where the work is hard and dangerous and the profits high, such as mining and
offshore oil extraction, to give two obvious examples.
Not exact matches
«Also, as public and government appetite for deepwater
offshore drilling ebbs, interest in onshore, safer
oil extraction operations is set to increase.
So - called roadless
oil extraction, in which
oil companies use
offshore exploration and production methods and leave less of an imprint on the area being drilled, is a viable alternative, argue Swing and others associated with Scientists Concerned for Yasuni, a network of independent researchers that first came together in 2004 to stop a proposed road project inside the park.
For the past century, the
offshore areas of coastal cities such as Goleta, Santa Monica, and Huntington Beach have been home to
oil extraction sites.
Fossil fuel based
offshore and coastal
oil and gas
extraction systems are vulnerable to extreme weather events.
Depending on their location, such
offshore installations may compete with a variety of other ocean activities, such as fishing, recreational activities, sand and gravel
extraction,
oil and gas
extraction, navigation, and aquaculture.
It expanded
extraction using hydrofracturing in tar sands to increase activity in
offshore oil drilling all over the world, thereby maximizing its rate of fossil fuel
extraction and processing.
Federal Petroleum Resource Rent Tax (PRRT) All onshore and
offshore oil and gas
extraction projects are required to pay the federal Petroleum Resource Rent Tax (PRRT), but this is intended to be a «super profits» tax payable only after all exploration, establishment, and operational costs have been recovered.
Oil and gas lease sales, royalties from mineral and energy production, Alaska's «Open for Business» initiative, renewable energy development, mineral extraction, the future of coal production from public lands, offshore renewable energy development, and oil and gas exploration and drilling in the Outer Continental Shelf were just some of the topics discuss
Oil and gas lease sales, royalties from mineral and energy production, Alaska's «Open for Business» initiative, renewable energy development, mineral
extraction, the future of coal production from public lands,
offshore renewable energy development, and
oil and gas exploration and drilling in the Outer Continental Shelf were just some of the topics discuss
oil and gas exploration and drilling in the Outer Continental Shelf were just some of the topics discussed.
Since 2012 the PRRT applies to both onshore and
offshore oil and gas, but it is set up as a tax on profits after all the exploration and
extraction costs have been recouped, so it is usually many years before there is any benefit to Australia from the PRRT.
Meanwhile, Exxon Mobil was investing its massive $ 45 billion in earnings in maximizing
extraction and processing of
oil and gas, including the controversial use of hydrofracturing (fracking) to extract fuel from tar sands and the expansion of
offshore oil drilling.
Today — due to the important, irreplaceable values of its Arctic waters for Indigenous, Alaska Native and local communities» subsistence and cultures, wildlife and wildlife habitat, and scientific research; the vulnerability of these ecosystems to an
oil spill; and the unique logistical, operational, safety, and scientific challenges and risks of
oil extraction and spill response in Arctic waters — the United States is designating the vast majority of U.S. waters in the Chukchi and Beaufort Seas as indefinitely off limits to
offshore oil and gas leasing, and Canada will designate all Arctic Canadian waters as indefinitely off limits to future
offshore Arctic
oil and gas licensing, to be reviewed every five years through a climate and marine science - based life - cycle assessment.