I'm more talking about the discussions industry had with the Feds when these mandates were coming down. No so much someone like you helping out.
I'm sure the conversations with the federal government went something like this:
Feds: "You're going to have to start reducing emissions."
Industry: "We've already been working on that reading the tea leaves over the years. In fact, we're actually accomplishing some of that already at facilities like production tank batteries and gas compressor sites, and will continue to make progress."
Feds: "You know that's not going to be enough. There's this sequester technology we've heard about. You need to start doing that with CO2 and help to fight YOUR pollution."
Industry: "Oh yeah, we actually already carry out such operations to increase production in older fields and areas where we've gotten initial production."
Feds: "Well we want you to do purely sequestration and leave it in the ground forever, no oil & gas production."
Industry: "Ok, well...that's very expensive. If we have to deploy hundreds of millions to billions of dollars with no ROI, then we're probably have to divert capital to oil & gas operations, which means lower production numbers in the U.S. That would certainly cause oil prices (and gasoline for your voters) to increase."
Feds: "Ok, we'll give you some money to help with these projects."
Industry: "We'll get started."
Research of any and all realistically viable possibilities is a good thing.My research focuses on a more natural approach to the issues mentioned above.
While it's true that AI will significantly impact various fields such as art, literature, music, and manufacturing, and will change the nature of many jobs, look at the broader historical context of technological innovation and those effects on the workforce.
Historical Innovations and Job Transformation
The Industrial Revolution:
The advent of machinery and factory systems in the late 18th and early 19th centuries.
While many manual labor jobs were replaced by machines, this period also led to the creation of new jobs in machine operation, maintenance, and factory management. It spurred massive economic growth and improved standards of living.
The Advent of Computers and Automation:
The introduction of computers in the mid-20th century and subsequent automation of various tasks.
Many clerical and repetitive manual jobs were replaced, but it also led to the creation of entirely new industries, such as information technology, software development, and digital communications. It revolutionized how businesses operate and created numerous high-skill jobs.
The Internet and Digital Revolution:
The rise of the internet in the late 20th century.
Traditional jobs in retail, marketing, and media were transformed. E-commerce, digital marketing, and online content creation emerged as major sectors. The internet created millions of new jobs that didn’t exist before, such as web development, cybersecurity, and social media management.
AI and Job Transformation
AI, like past technological advancements, will change the nature of work and the skills required, but it will also create new opportunities:
Enhanced Creative Tools:
Art, Literature, and Music: AI can serve as a tool to enhance creativity rather than replace it. Artists, writers, and musicians can use AI to generate ideas, automate repetitive tasks, and explore new creative possibilities.
For example, AI can assist in composing music, creating digital art, and writing content, allowing creators to focus on higher-level creativity.
Advanced Manufacturing:
AI can improve efficiency, precision, and safety in manufacturing processes.
While some manufacturing jobs may be automated, new roles in programming, maintaining, and overseeing AI-driven machinery will emerge. AI can also lead to innovations in product development and production techniques.
New Job Creation:
AI Specialists: The development, implementation, and maintenance of AI systems require skilled professionals. This includes AI researchers, data scientists, machine learning engineers, and AI ethics specialists.
AI Integration Roles: Many traditional industries will need professionals who understand how to integrate AI into their existing systems, creating roles such as AI consultants, trainers, and integration specialists.
While AI will indeed transform many job roles and industries, history shows us that technological innovations ultimately lead to the creation of new jobs and industries. By adapting to new technologies and acquiring new skills, the workforce can continue to thrive. The key is to focus on education and training to ensure that people are prepared for the jobs of the future.
AI will bring changes and challenges, but also immense opportunities for growth and innovation, much like past technological revolutions.
Shell is also making big investments in CCS.
And in a related story (because Shell Energy is my electricity provider), we’ve got power back at Team Ledet World HQ! Whew.
First, awesome news.
Second, I do think CCS can work, but can it work in the market without HUGE government support of these per ton tax credits going to either the emitter, which then pays the midstream CO2 handler a fee, or where they all go to the sequesteror?
The technology for point source CCS has been around for decades and done safely by industry. But it’s been done either as a mechanism to push out residue hydrocarbons, or to inject harmful sour gas back into the ground for gas plants and such. The scale of these now proposed projects is MUCH larger than those operations. I don’t doubt these projects can and will (by credible companies like an Exxon, Talos and OXY) be done safely, but viability is a HUGE question.
Totally agree, CCS doesn’t work without government intervention. The government provides the financial incentive.
Due diligence is being done to evaluate the technical aspects of CCS projects. Class VI permitting, with primacy given to the state of Louisiana a few months ago, will see to that. The DENR is actively seeing to that.
Air Products walked their asses into a hornets’ nest, though, doing their project under Maurepas! But…the LA DNR and LA DWF approved the project and granted the sequestration agreement. You have to wonder about the politics played there.
I believe Exxon’s is around Intracoastal City or so? You don’t hear a bunch of outrage about that one, though I think their proposed “storage complex” is under lands (marshlands) they own.
You sure the sequestration permit was approved?
I’m pretty sure they are drilling test wells under a Class V permit. The actual injection/sequestration would happen with a Class VI permit.
Class VI used to run through the EPA until the state of Louisiana was granted primacy earlier this year. I’m not aware of any Class VI that have been approved by LA DENR. It’s a multi-year process.
Oh I don’t know if AP has their Class 6 approved, but they got the sequestration agreement from the surface owner (State of LA) and started conducting the seismic operations in Maurepas. I believe drilled an initial test well also.
Have any Class 6’s been approved in LA yet? I know several have been filed. Stream out of Calcasieu area is another CCS player as well in LA.
Back to the original thought/post. We are still without power. Bummer.
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