“Obama Floats Offering First-Ever Drilling Lease in Atlantic” – AP, 27 January 2015

President Obama has introduced a plan that would allow drilling in parts of the Atlantic Coast, while simultaneously putting an end to any drilling in certain areas in Alaska.

The administration’s proposal concentrates on Virginia, North Carolina, South Carolina, and Georgia, and will sell areas 50 miles off the states’ coasts to oil companies beginning in 2021. Oil companies have been denied access to these areas in the Atlantic Ocean for years, particularly since drilling in those areas was banned in 2008. Additionally, the proposal includes leases for regions in the Gulf of Mexico and Alaska coast. Leases will be sold between 2017 and 2022.

Many politicians cited the 2010 BP oil spill in the Gulf of Mexico as a reason not to move forward with the proposal, which remains the biggest oil spill of its kind in the US. Since then, regulations on offshore drilling have not improved; Congress has yet to adopt new laws that would make drilling safer. Many believe that drilling in these regions is a misguided way of developing energy — and acquiring energy independence — in the US.

However, politicians in the Southeastern states are backing Obama’s plan, asserting that the new venture will boost the economy by creating jobs and encouraging investments. Currently, the US is experiencing a flood in oil, which has caused oil and gas prices to significantly drop.

Areas chosen to be leased and sold are subject to change. Oil generation from offshore drilling supplies 16 percent of the US’s oil. In order to find oil and gas deposits under the ocean, firms will have to run seismic imaging surveys; a process that can take years, the firms attach seismic air guns to their boats that they will drag for miles on the ocean surface. The guns then radiate air and sound, which assists in mapping 2D and 3D images of the ocean floor.

(From Associated Press)

Developed and Written by Dr. Subodh Das and Tara Mahadevan

January 28, 2015

Phinix LLC

Copyright 2014. All rights Reserved by Phinix, LLC.

www.phinix.net    skdas@phinix.net

Social Share Toolbar

Novelis Introduces The Evercan

Last week, Novelis, the world’s largest flat-rolled aluminum maker, announced the introduction of the evercan™ sheet, the first commercially-created and certified high-recycled content aluminum sheeting for beverage cans.

The evercan sheet is made of a minimum of 90% recycled content. Novelis has partnered with the Georgia micro-brewer Red Hare to manufacture the brewer’s beer in the sheeting, which will debut in May. Novelis’ evercan sheet manages to bridge the gap between consumer recycling and new cans, which will also have a positive effect on the environment through energy and emissions reductions. Recycling aluminum necessitates 95% less energy than creating new aluminum sheeting, and expels 95 percent fewer greenhouse gas emissions.

Novelis’ partnership with Red Hare sets an example for all beverage companies to instead use the highly recycled evercan sheeting, rather than new cans. Red Hare is a leader itself in the craft beer world—it was the first craft brewery to bottle its beer in aluminum cans. Now almost 400 US craft brewers use aluminum to can 1,300 different beers.

The evercan is available around the world: Novelis’ plants in North America, Europe, South America and Asia are now authorized to manufacture the evercan.

See also:
Novelis Sustainability Report 2013
Aluminum Can Continues Leadership in Sustainable Packaging as Most Recycled Beverage Container
Novelis Breaks Ground on Aluminum Recycling Plant in Germany

Developed and Written by Dr. Subodh Das and Tara Mahadevan

April 10, 2014

Phinix LLC

Copyright 2013. All rights Reserved by Phinix, LLC.

www.phinix.net    skdas@phinix.net

Social Share Toolbar