U.S. pipeline operator Energy Transfer to tap into alternative energy projects
By Reuters Staff February 11, 20212
(Reuters) - Energy Transfer LP said on Thursday it had created a new business to ramp up efforts to develop alternative energy projects, as the pipeline operator aims to reduce its carbon footprint.
Traditional oil and gas companies are under increasing pressure to invest more in renewable energy and carbon-capture technology to battle climate change.
Energy Transfer’s Alternative Energy Group will focus on renewable energy projects including solar and wind farms, either as a power purchaser or in partnership with third party developers, and will be led by the company’s general counsel, Tom Mason.
The company said it would also look to develop renewable diesel and renewable natural gas opportunities, adding that these potential projects could involve the utilization of Energy Transfer’s pipeline system.
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In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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