Sunday, December 22, 2019

US researchers have ranked Malaysian & Indonesian oil production among the worst sources of greenhouse gases in the world-Findings provide basis for palm oil type penalties, boycotts

by Ganesh Sahathevan

Stamford University  has published research to show that  Malaysian and Indonesian oil fields are among the highest ranked producers of greenhouse gases.
The research has been summarised in a map reproduced below.


The research is  based on  oil field carbon intensity (CI) which  is a measure of the greenhouse gas emissions associated with producing crude oil, from well to  refinery gate.
The  findings provide a basis for palm oil type penalties. These are becoming ever more likely as more countries even in South East Asia contemplate the imposition of "carbon taxes". 

Many South East Asian countries are still considered developing nations and it is assumed that an international carbon tax regime will see developing nations like Malaysia and Indonesia compensated in some way for the costs of the transition toward "carbon free" economies. Nothing has been said for far about the costs that are likely to be suffered by developing countries that are also producers of oil, gas and coal, such as Malaysia and Indonesia.

It does seem likely that their oil and gas will be subject to the same types of penalties, restrictions and boycotts that Malaysian and Indonesian oil palm products are being subjected to.


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