September 13, 2013
The exploration and research into the value of emissions is pertinent and falls into the quadrant of energy, efficiency and environment. This nexuses of “E’s” leads to a bigger effect which demands research and identifiable solutions to mitigate probable damages to energy, efficiency and environment. The investment by the “U.S. energy spending big to cut emissions” is one domino in the investment to reduce the cycle emissions.
UPI laid out information on the “U.S. oil and natural gas industry invested more than $80 billion to lower greenhouse gas emissions from 2000 through 2012, an oil lobby group said. The American Petroleum Institute said a study by T2 and Associates found the domestic energy industry invested approximately $81 billion in greenhouse gas emissions mitigation technologies during the 12-year period. API, which represents the interests of more than 500 energy companies, said the technology helped reduce emissions by the equivalent of 53.6 million metric tons of carbon dioxide.”
The report of U.S. oil and gas investment is critical but it is within the supply chain of the industry that the rally to cut emissions will need to raise the bar. The investment in reducing emissions is one angle in the triangle the other points of investment are on the process and demand side requiring a shift in capital to develop intelligences for mitigation. The investment in research is poignant when utilized as sustainability plan for energy, efficiency and environmental changes.