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ConocoPhillips

San Francisco, CA: (Sep-11-07) California Attorney General Jerry Brown brought charges against ConocoPhillips, over the oil company's proposed $600 million expansion of its East Bay refinery. In a settlement reached, ConocoPhillips agreed to spend $10 million to offset greenhouse gases created by the proposed $600 million expansion. The suit was filed as part of Brown's statewide campaign against global warming and officials claimed that it was the first time an oil refinery in the country has agreed to mitigate increased carbon emissions from an expansion project. To compensate for an initial emissions increase of 500,000 metric tons of carbon dioxide annually at its Rodeo facility, the oil giant agreed to fund a $7 million offset program under the Bay Area Air Quality Management District, a $200,000 restoration of the San Pablo wetlands and a $2.8 million reforestation effort that is projected to sequester 1.5 million metric tons of greenhouse gases. In addition, ConocoPhillips agreed to identify all greenhouse gas emissions sources and reduction opportunities at its California refineries, identify energy savings measures for its Rodeo refinery and surrender a permit for a petroleum coke purification plant at its Santa Maria facility, which emitted 70,000 metric tons of greenhouse gases annually until it was shut down earlier in 2007. [LOS ANGELES TIMES: GREENHOUSE GASES]


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Published on Sep-16-07


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