Freeze further leases or permits for new
oil and gas extraction projects or transportation infrastructure that would incentivize additional exploration.
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.
«Lead by issuing no further leases or permits for new
oil and gas extraction projects or related transportation infrastructure.
Mining projects (37 %) and water impounded behind dams (23 %) are the most commonly reported causes of induced earthquakes, but unconventional
oil and gas extraction projects using hydraulic fracturing, are now a frequent addition to the database, said Miles Wilson, a geophysicist at Durham University working on the HiQuake research effort.
Not exact matches
Green groups oppose the
project on the basis that pipeline expansion encourages the
extraction of more
oil and the release of the greenhouse
gases that cause climate change.
Unlike Brown, however, Newsom supports a ban on future
oil and natural -
gas extraction projects that involve fracking, a process that injects high - pressure liquid into rock formations to free up fossil fuels.
For decades, the World Bank has been a major financier of
oil and gas extraction and pipeline
projects,
and thus a backer of the human rights abuses, corruption, environmental harm
and climate chaos tied to those
projects.
By divesting their assets from fossil fuels, they are reducing the ability for big
oil, coal
and gas companies to develop new
extraction projects, while citizens worldwide are rising to stop these
projects in their communities,» said Yossi Cadan, Global Divestment Senior Campaigner at 350.org.
This is as a result of increased growth, not only in the traditional areas of the
extraction industries (those being
oil and gas and mining)
and major infrastructure
projects funded by international institutions (such as the World Bank), but also in new growth areas reflective of the growth in sophistication of African economies.
Projecting through 2021, jobs with expected openings through 2013 include teachers at all levels, registered nurses, nursing aides, orderlies
and attendants,
and jobs in many areas of mining,
gas and oil extraction (Tip: the report is a big PDF file, so give it a moment to load).
By law, MLPs can currently only invest in energy as it pertains to
oil, natural
gas, coal
extraction and pipeline
projects.