Seeking Alpha

cyberclark » Comments » DBO

  • Cap-and-Trade: The Only Alternative to EPA's Power Grab?  [View article]
    I think cap and trade is little more than a farce allowing companies to move money around and avoid taxes!

    Consider most of the captured CO2 now is going down hole to act as a solvent to get otherwise hard to obtain crude out of the strata. Most of this same carbon dioxide comes back to the surface again saturated into the oil to be released when the pressure is off or, it comes up ahead of the oil.

    In Weyburn Sask where they are using the carbon captured in North Dakota, it is reported the sound of the carbon dioxide escaping is like a jet plane taking off and it persists for hours on end!

    There are plans to inject it into the lower toxic water aquifers which to my mind is a good plan and one we should support.

    However I do not see taxpayers funding the oil patch for their solvents!

    Being seen as doing something will not cut it!
    Aug 17 18:06 pm |Rating: 0 0 |Link to Comment
More on DBO by cyberclark
Comments by Ticker
cyberclark's
Comments Stats
37 comments
Rating: 23 (36 - 13 )