Investments In Developing Economies Renewables, Clean Energy - Hydrocarbon Extraction

Investments In Developing Economies Renewables, Clean Energy - Hydrocarbon Extraction

Headlines always offer the promise of lighting for the poor. New markets in Clean Energy investment, Renewables - Everyone's Talking About Helping The Poor. But the articles and journals are lay translations of metrics of investment and production growth portfolios, including extraction, carbon offsets, risks assessment, value chains and sustainable markets, that will go on via export to consumers who can afford the end product. The advancement of technology in the workplace has removed the need for skilled laborers, or even laborers in many high-tech design situations. The modern computer production assembly lines in Asian countries far exceed the old industrial giants of the machine age.

Invest In Installments Of Renewables In Developing Countries

“The investment climate and policies for clean energy investments in 55 emerging markets in Africa, Asia, and in Latin America and the Caribbean offered by the Climatescope 2014, is a unique country-by-country assessment, interactive report and index.”

“Along with the substantial supplies of natural resources developing countries often have, these numbers make renewable energy in the Climatescope nations an opportunity for investors and industry, according to the report.” Climatescope nations increased green energy investment to $122 billion last year, up from $59.3 billion in 2007.
http://global-climatescope.org/en/

How Shale Gas Extraction And Clean Energy Carbon Offsets Benefit China's Poor

Coal consumption will not be remedied and production will not be slowed. The end use may appear to change, and State documents will report that the poor can breathe easier.

The Climatescope analysis actually scored the countries on four metrics: the scale of their clean energy investment, what green energy value chains they boast, how well they do at managing carbon emissions, and the overall quality of their green energy and market policy. China scored the highest, “China is the largest manufacturer of wind and solar equipment in the world, has the largest demand market for wind and solar equipment, and has taken major strides to improve its domestic policy framework.”

“Climatescope seeks to bring quantitative rigor to the basic question of what makes a country attractive for clean energy investment, development, and deployment.”
http://thinkprogress.org/climate/2014/11/04/3588512/bnef-renewables-developing-countries/

“The Greenhouse Gas (GHG) Management Activities parameter aims to assess the status, risk and potential for carbon offset project activity in a given country. Favorable actions and conditions for this parameter included: a solid track record of commissioned Clean Development Mechanism (CDM) or other offset projects; high success rates for projects seeking CDM accreditation; ample opportunities for further offset project development; forward-looking federal or state-level policies or actions aimed at curbing GHG emissions; and progressive actions from private sector players to adopt projects and measures to reduce carbon footprints.”

A total of 13 unique indicators serve as inputs … these are arranged into three categories: Carbon Offsets, Carbon Policy and Corporate Awareness. The Carbon Offset category measures what countries have done to develop offset projects and measures their potential to continue into the future. It holds the greatest weight toward the overall Parameter IV score at 40%. The other two categories account for 30% apiece.
http://global-climatescope.org/en/methodology/

For the most part, poor countries are poor because of international debt, and foreign industrial extraction of natural resources. In some cases, the foreign extraction of human resources.

The 'poor' will do well to be on their own, and need to be technologically self reliant, as public benefits of natural resource production are drowned in contaminated surface waters, bays, and aquifers, or, are mostly lost in a toxic fog of unknown constituents. Many alternative investment soapbox commentaries speak of the plight of the poor having to pay high prices for kerosene and oil to stay warm. They then shift the conversation to solar and wind.

The Problem

The future of drilling is headed offshore of 'poorer' countries to the carbonate resources. Nigeria has privatized it's refineries, Petronas, TotalAlFina, Sinopec, and a couple others, these are conglomerates bigger than the oil companies, moving the oil and gas globally. They are the governments in places like Malaysia with horrible environmental and human rights abuses track records – rap sheets even, that now own drilling rights, and access to mineral rights to huge swaths of the continental United States.

Same Frac, Different Day
Alberta, B.C., Malaysia, China, Chad, Niger, Nigeria, Petronas, Chevron, Oil and Gas, Pipelines, LNG Export Terminals

Mahathir Mohamad during his 22-year tenure as the fourth dictatorial prime minister, in 2010 stated: “if democracy does not work for the betterment of a country, an authoritarian system might be the answer. "Democracy has failed in many countries. They have failed to deliver what they have promised. In the system of election for example....”

Even under the new monarchy; “the rulers' attempt to interfere in state administration and business was a violation of the Federal Constitution and must be stopped. “We have provided laws and designated our rulers as Constitutional Monarchs. But along the way, they (rulers) do something which is not within their realms. They go and do something and we say nothing," Dr Mahathir was quoted as saying. "They go on to do more and more until they become businessmen.” June 23, 2014
http://www.themalaysianinsider.com/malaysia/article/rulers-must-stay-out-of-business-state-administration-says-dr-mahathir

“Elected dictatorships are those where dictatorships cleverly masquerade as democracies. If the elected dictatorship finds that such subtle subterfuge does not work, off come the velvet gloves to reveal fists of steel. One of the most masterful practitioners of an elected dictatorship is Malaysia.” (a.k.a. federal constitutional monarchy)

There Are Generally Two Types Of Dictators

“The first is the one who oppresses his own people and usurps their rights and wealth directly from them to enrich himself and his gang. This will lead to violent responses leading to the overthrow of the dictator and his successors would expose his misdeeds and take remedial steps to improve the system of government.”

“The second and milder version, which fits the former Dictator Mahathir, during whose reign, Petronas with the help of Chevron rose to prominence among it's rivals, is the one who suppresses his own people but siphons off the wealth of the government through the monopoly of public projects to enrich himself and his gang.”
http://worldmessenger.blogspot.com/2013/03/dictatorship-in-malaysia.html

The Last Flag Flying Over The Last Borehole Wins

The Development Of Unconventional Hydrocarbons In The US and Canada - Alberta, Wyoming, Oklahoma, Texas, the (GOM) Gulf of Mexico - by foreign dictatorial regime-owned corporations in 2014 and beyond.

April 30, 2014 - Malaysia's Petronas Sells Stake In Canada Gas Project To Sinopec
http://money.ca.msn.com/investing/news/breaking-news/malaysias-petronas-sells-stake-in-canada-gas-project-to-sinopec

Petronas, a Malaysian state-owned oil firm plans to build an $11 billion liquefied natural gas (LNG) export terminal on Canada's Pacific Coast partnering with China's Sinopec Group and a Chinese state utility.

Petronas said it will sell state-owned Sinopec Group, formally known as China Petrochemical Corp, a 15 percent stake in its Pacific NorthWest LNG export facility, along with a 15 percent stake in the northern British Columbia shale gas assets for feedstock. Sinopec, China's largest petrochemical producer, hopes to double the share of natural gas in its overall national energy portfolio to more than 8 percent by 2015 to reduce reliance on coal fired power plants.

“In addition to its ownership, Sinopec will buy another 3 million metric tons of LNG annually from the terminal, to be located in the small port of Prince Rupert, British Columbia, which is about 1,500 kilometers (932 miles) by road north of Vancouver. It says construction will take about four years, with commercial operation expected in early 2019.”

“Sinopec is Petronas's fourth partner in the project, which is one of about a dozen LNG terminals proposed for British Columbia's rugged coastline as energy companies scramble to build facilities to export cheap Canadian gas to Asian markets.”

“Petronas, which entered the fray in 2012 with its $4.7 billion takeover of Canada's Progress Energy Resources, has moved quickly past its rivals in LNG. The company has so far secured an export permit and filed its key environmental documents.”

That was in the spring, 2014. By autumn 2014 these regimes and corporations had received a huge tax incentive from the BC government regarding LNG export projects.

“British Columbia is slashing by half a proposed levy on multibillion-dollar liquefied natural gas projects from Chevron Corp. to Malaysia’s Petroliam Nasional Bhd. amid an energy price rout.”

“Canada’s westernmost province will charge a tax rate starting at 1.5 percent of profits and rising to 3.5 percent after developers recover the cost of building the terminals, Michael de Jong, the provincial finance minister, said in Victoria.”

“Developers led by Chevron, Royal Dutch Shell, BG Group and Petronas, as the Malaysian state-owned crude producer is known, have pushed for better terms to invest in Canada’s Pacific Coast as they compete with other Asia-focused LNG projects in the U.S., Mozambique and Australia. None of the proponents of 18 LNG shipping terminals in British Columbia has decided to start construction.”

The tax framework “provides balance and consideration of the challenges faced by an LNG sector in B.C.,” LNG Canada, a project led by Shell, said in a statement. “We are pleased to have certainty on a final B.C. LNG tax framework.”

Petronas said earlier this month it may delay construction past 2030 unless proposed taxes were lowered. The BC LNG Alliance representing six of the largest projects urged Canada and British Columbia to improve conditions for the investments to go ahead.
http://www.businessweek.com/news/2014-10-20/b-dot-c-dot-to-require-lng-emissions-to-be-world-s-lowest

But around the globe- Chad kicked out China and Chevron in 2006. Niger, Nigeria and Chad have been kicking State Owned Ass ever since.

And as recently as September 2013, the undoing of old contracts continues. In Niger, government officials have fought a Chinese oil giant step by step, painfully undoing parts of a contract they call ruinous. In neighboring Chad, they have been even more forceful, shutting down the Chinese and accusing them of gross environmental negligence. In Gabon, they have seized major oil tracts from China, handing them over to the state company.

“This is all we’ve got,” said Niger’s oil minister, Foumakoye Gado. “If our natural resources are given away, we’ll never get out of this.” Below Mr. Gado’s seventh-floor office, reached through a dark stairwell because there is no working elevator, his fellow citizens are living in mud-brick houses without electricity and washing their clothes in the river. Oil production in Niger began nearly two years ago but has yet to make a dent in living standards.

“Seven hundred miles away in the oil-producing region, Chinese refinery workers and engineers massed boisterously at a crumbling and otherwise unused airport for their quarterly holiday flights out, one of the many costs that Mr. Gado said Niger, at the bottom of the United Nations human development index, could not afford.”
http://hdrstats.undp.org/en/countries/profiles/NER.html

Previously, Mr. Tandja got a costly oil refinery in an area of Niger that he needed to win over with the promise of development, but the need for such a project in this low-energy-consuming nation has been sharply questioned by experts, not to mention the mysterious $300 million “signing bonus” Mr. Tandja’s administration received.

In return, the Chinese got access to untapped oil reserves in the remote fields on Chad’s border on terms that still make Oil Ministry officials here wince. Beyond that, local residents have protested that the Chinese presence has brought few jobs, low pay and harsh working conditions.

Mr. Tandja is long gone, deposed in a 2010 coup by army officers suspicious of his grab for expansive powers, but the contract remains, as does the white-elephant oil refinery. It sits at the border with Nigeria, a nation awash in subsidized oil that crosses into Niger as contraband. The refinery has a capacity that is three times Niger’s consumption, and the overall cost should have been only $784 million, according to a United Nations expert. Niger must still pay 40 percent of the original cost, with money lent to it by the Chinese.

“In the context of this fight, we are revisiting these contracts to correct them,” said Mr. Gado, the oil minister in the new democratic government led by an opponent of Mr. Tandja.

In 2008, (two) partners came together secretively (the country’s autocratic ruler, Mamadou Tandja, and China National Petroleum) and signed te unpublicized deal that seemed to give both parties what they wanted.

Niger is one of the world’s most impoverished countries, regularly threatened by famine, and the real question remains, who would substantially benefit from the deal.
http://www.nytimes.com/2013/09/18/world/africa/china-finds-resistance-to-oil-deals-in-africa.html?pagewanted%3Dall&_r=0

Across the border in Chad, officials have taken a harder line with CNPC or China National Petroleum, reflecting a growing confidence after 10 years of oil production that has brought the country new roads and public buildings, a revamped army, and a strengthening of the government’s grip on power, though little change in the country’s low poverty ranking.

“The country’s oil minister shut down the Chinese operations in mid-August after discovering that they were dumping excess crude oil in ditches south of the capital, N’Djamena, then making Chadian workers remove it with no protection. That was in March. “Just dumped in the open,” said Antoine Doudjidingao, an economist who helps lead an oil watchdog group in N’Djamena.”

Aug 10, 2014

Chad has decided to withdraw five exploration permits issued to a Chinese company and press charges in a dispute over a $1.2bn fine for environmental violations, the oil ministry has said. Chad's oil minister, said that the move was necessary to avoid further environmental degradation. The China National Petroleum Company (CNPC) was forced to suspend operations in Chad in May after refusing to pay a fine of $1.2bn for "unacceptable practices" that had led to "noxious spills" around drilling sites.

The government of the large central African nation also said it planned to press charges against the CNPC both in Ndjamena and in France, whose commercial court has a chamber specializing in international disputes.

"Amicable negotiations are no longer possible. All efforts have been in vain," government secretary general Abdoulaye Sabre told.
http://www.gasandoil.com/news/africa/5e80ea3da8d458c30e680df4263880d4

I'll bet there aren't any Wal-Marts in Nigeria, Niger, or Chad either.

Also in the spring of 2014, globally, investment moved toward offshore production. Clearly, a case of leaving the poor people on the shore, and taking the politics, the production, the environmental and worker safety laws, the profits, and infrastructure of access to global economies, so far offshore, that it seems like the film “Blade Runner”. Blade Runner is the 1982 film (Harrison Ford, Rutger Hauer, Sean Young, and Edward James Olmos).

Deepwater Exploration Investment By Industry And The Monetary Growth Paradigm

The need to offset declining production from onshore and shallow-water basins.
Potential for discoveries of large hydrocarbon reserves such as in East Africa.
Increased economic viability of deepwater developments.

As production from mature basins onshore and in shallow water declines, development of deepwater reserves has become increasingly vital.

“Discoveries of large fields are a key driver of activity, as they provide a large return on investment; however, they require high levels of capital investment to explore. Examples include the recent large natural gas discoveries off Tanzania and Mozambique such as the Mamba and Prosperidade developments.”
http://www.ogfj.com/articles/print/volume-11/issue-4/features/deepwater-spend-forecast-to-surge-from-2016.html

The 'poor people' onshore will likely be using alternative energy, while fascist transnational corporations and complicit governments will continue to pollute inland from the shore, in the villages, the towns, the cities, and offshore and sell oil and gas to the industry sector, and the population of the country. Latin America currently leads investment in deepwater activity, and Mexico, after reform of its energy sector, now allows foreign upstream participants - the first licenses are not expected to be awarded until 2015.

Offshore Carbonates

The Middle East and Western Europe with historically low levels of deepwater activity will experience considerable growth over the next five years, primarily due to the installation of major deepwater trunklines. Recent discoveries in East Africa will come onstream towards the latter years of the forecast creating a potential deepwater province of the future.

It's all just paper money moving around the board. If you can get in on it and do some real good, only time will tell.

Transitioning to a new energy source to avoid the darkness is necessary. Warmth is another requirement, water, and energy plus feedstock, even rare earth metals for the industrial sector to build the new energy infrastructure. But natural gas for nitrogenous fertilizers, and oil for pesticides, the chemical factories, these add nothing but debt to future generations. By killing soil, killing the deep life organisms with frac biocides, poisoning aquifers, releasing toxins into the air, killing ourselves to live and paying the corporate state for the privilege, the expansion of extreme extraction crises of risks and externalized costs, industrialized states and armies, home security in the international marketplace by trade agreements guaranteeing extraction rights - are all leveraged against the debt load of the shale bubble and the transfer of company assets will not add to production.

The Machine Of Greed Is The Nature Of The Problem

Time for a movie, short but hard hitting, these clips from Michael Ruppert have been woven together to illustrate the missing data fields in metrics of green energy investment and leveraged associated colonization.

“With the Infinite Growth Monetary Paradigm
Mother Earth cannot afford to repay
One Point Four Quadrillion Dollars
in debt through growth
and she will not”

Words by Michael Ruppert 1951-2014. Please take some time and view this 13 minute clip is an introduction to Mike Ruppert, a hard hitting Investigative Journalist whose work spanned more than 4 decades and influenced our Congress, the mainstream media, and lectured in many countries.
https://www.youtube.com/watch?v=9-p1OMuULAk&feature=youtu.be

Begin The Change - Ban Fracking and Extreme Extraction

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STEAM INJECTION IS LITERALLY GLOBAL WARMING
constant comments, and informative research links;
http://banslickwaterfracking.blogspot.com/

Tomas DiFiore