Tuesday, June 24, 2014

I am grateful for the endorsement by business regarding scientific findings. But, I may or may not have new insight regarding compliance.

By Meagan Clark - Global warming (click here) if unchecked could ruin businesses from tourism to construction, according to a report, Risky Business, released Tuesday by slew of politicians and economic figures from left, right and center political leanings, including former New York Mayor Michael Bloomberg, hedge-fund billionaire environmentalist Tom Steyer and former Treasury Secretary Henry Paulson....

Compliance to the EPA regulations regarding greenhouse gases is needed to achieve relief and reversal of this deadly warming trend on Earth. I am sure everyone would agree.

I have a source within the petroleum industry and this is the 'entire' of the petroleum industry which states the regulations are made mute by those within the industry scouring them for loopholes.

Here is just one. The petroleum industry uses a lot of ancillary equipment such as huge compressors to force air into drill sites to push all the oil out of any crack and crevasse and to push fracking materials into the deep recesses of Earth's crust to extract whatever they choose.

Perhaps, one might recall Catepillar shut down it's production of some of their engines. Well, it goes like this. The industry does not want to hire technicians to make field visits to monitor or maintain any of their equipment. See, to modify the ancillary equipment used in the oil and gas field it requires technological changes. Changes that would probably increase the USA work force. But, the industry doesn't want to hire anymore personnel they want to simply set up the equipment, drill the hole and let it run all by itself. No human beings needed.

So, let's just say the oil fields need an air compressor (value about a quarter million) with about 600 horsepower. The industry is making the decision to abandon the 600 horsepower engines and circumvent the regulations to use a 720 horsepower engine. The 720 isn't impacted by required technology. 

So, the petroleum industry is not only circumventing any regulations of greenhouse gases, they are producing more than it did before. I suggest those with a conscience divest of the petroleum stocks and instead invest those monies into...let's say..."Tesla" who is sharing their technology with other auto producers to increase the number of electric cars in use. Tesla absolutely has proven itself to be a 'high moral' content partner to defeat global warming. I can't thank them enough. To me it was enough they found the technology and never gave up on producing cars, but, to share the technology they developed is a commit to 'moral concept cars' I can not repay.