11 Earthquakes Rock Texas Fracking Heartland in 24 Hours
This Tuesday a study was released showing that a series of earthquakes outside Youngstown, Ohio, including one strong enough to be felt by area residents, were caused by the fracking operations that have blossomed in the area in the last few years.
Now the eyes are on Texas. In 24 hours Tuesday and Wednesday, the area of Irving, between Dallas and Fort Worth, was hit with a cluster of 11 earthquakes, ranging in magnitude from 1.7 to 3.6. Several of the quakes were felt throughout the metropolitan area, with Irving's emergency operations center receiving hundreds of calls. The Dallas Morning News blog tracked the quakes as they were happening.
Earthquakes, once rare in the area, have been increasing in frequency, with more than 20 since last September, according to StateImpact Texas, a project of two Texas public radio stations. And with Irving sitting on top of the natural gas-rich and heavily fracked Barnett shale deposit as well as the Balcones Fault Zone, many residents and researchers are think it's to blame here too, just as in Ohio.
"The upsurge in quakes started in Texas around the time the oil and gas boom took hold several years ago," reported StateImpact Texas. "Residents in many parts of the state blame the them on wastewater disposal wells, where fluid byproducts of oil and gas drilling are pumped deep into the ground. Scientists have shown how injecting fluid into the ground can cause earthquakes."
Earlier this year, it reported on nine studies linking drilling and earthquakes in Texas, noting, "The number of recorded earthquakes (most larger than 3.0) has increased tenfold since a drilling boom began several years ago. The Lone Star State is now one of the shakiest in the country, coming in sixth in the continuous U.S. for having larger quakes last year."
“It’s premature to speculate on the cause of this current series of seismic events,” said Brian Stump, Albritton Chair of Geological Sciences at Dallas' Southern Methodist University (SMU), in a statement reported in the Dallas Morning News yesterday. “We’re just getting started. We want to support the local community in understanding these earthquakes, and the team appreciates the cooperation of the city of Irving, the United States Geological Survey (USGS) and IRIS [the U.S. Environmental Protection Agency's Integrated Risk Information System] in helping us get the best information possible.”
SMU studies of three earlier clusters of quakes in the Dallas-Fort Worth area since 2008 cited wastewater injection wells as a "plausible cause" of those clusters. The USGS said in its report on the Irving quake cluster, "There is evidence that some central and eastern North America earthquakes have been triggered or caused by human activities that have altered the stress conditions in earth's crust sufficiently to induce faulting. Activities that have induced felt earthquakes in some geologic environments have included impoundment of water behind dams, injection of fluid into the earth's crust, extraction of fluid or gas, and removal of rock in mining or quarrying operations."
On the other hand, Craig Pearson of the state's oil and gas regulatory agency the Texas Railroad Commission said fracking wastewater injection wells were not to blame for the quakes because there are no injection wells in Dallas County where Irving is located. But The Daily Beast noted that more than 2,000 fracking sites are close to Dallas County, along with some of its more than 200,000 injection wells.
The Daily Beast also pointed out, "This cluster of quakes is taking place almost directly beneath the Exxon-Mobile world headquarters, which is located in Irving. The company’s CEO, Rex Tillerson, joined a lawsuit last year to prevent a water tower used in the fracking process from being built near his 83-acre horse ranch in a swanky suburban Dallas enclave."
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Wisdom the mōlī, or Laysan albatross, is the oldest wild bird known to science at the age of at least 70. She is also, as of February 1, a new mother.
<div id="dadb2" class="rm-shortcode" data-rm-shortcode-id="aa2ad8cb566c9b4b6d2df2693669f6f9"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1357796504740761602" data-partner="rebelmouse"><div style="margin:1em 0">🚨Cute baby alert! Wisdom's chick has hatched!!! 🐣😍 Wisdom, a mōlī (Laysan albatross) and world’s oldest known, ban… https://t.co/Nco050ztBA</div> — USFWS Pacific Region (@USFWS Pacific Region)<a href="https://twitter.com/USFWSPacific/statuses/1357796504740761602">1612558888.0</a></blockquote></div>
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While traditional investment in the ocean technology sector has been tentative, growth in Israeli maritime innovations has been exponential in the last few years, and environmental concern has come to the forefront.
theDOCK aims to innovate the Israeli maritime sector. Pexels<p>The UN hopes that new investments in ocean science and technology will help turn the tide for the oceans. As such, this year kicked off the <a href="https://www.oceandecade.org/" target="_blank" rel="noopener noreferrer">United Nations Decade of Ocean Science for Sustainable Development (2021-2030)</a> to galvanize massive support for the blue economy.</p><p>According to the World Bank, the blue economy is the "sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystem," <a href="https://www.sciencedirect.com/science/article/pii/S0160412019338255#b0245" target="_blank" rel="noopener noreferrer">Science Direct</a> reported. It represents this new sector for investments and innovations that work in tandem with the oceans rather than in exploitation of them.</p><p>As recently as Aug. 2020, <a href="https://www.reutersevents.com/sustainability/esg-investors-slow-make-waves-25tn-ocean-economy" target="_blank" rel="noopener noreferrer">Reuters</a> noted that ESG Investors, those looking to invest in opportunities that have a positive impact in environmental, social and governance (ESG) issues, have been interested in "blue finance" but slow to invest.</p><p>"It is a hugely under-invested economic opportunity that is crucial to the way we have to address living on one planet," Simon Dent, director of blue investments at Mirova Natural Capital, told Reuters.</p><p>Even with slow investment, the blue economy is still expected to expand at twice the rate of the mainstream economy by 2030, Reuters reported. It already contributes $2.5tn a year in economic output, the report noted.</p><p>Current, upward <a href="https://www.ecowatch.com/-innovation-blue-economy-2646147405.html" target="_self">shifts in blue economy investments are being driven by innovation</a>, a trend the UN hopes will continue globally for the benefit of all oceans and people.</p><p>In Israel, this push has successfully translated into investment in and innovation of global ports, shipping, logistics and offshore sectors. The "Startup Nation," as Israel is often called, has seen its maritime tech ecosystem grow "significantly" in recent years and expects that growth to "accelerate dramatically," <a href="https://itrade.gov.il/belgium-english/how-israel-is-becoming-a-port-of-call-for-maritime-innovation/" target="_blank" rel="noopener noreferrer">iTrade</a> reported.</p><p>Driving this wave of momentum has been rising Israeli venture capital hub <a href="https://www.thedockinnovation.com/" target="_blank" rel="noopener noreferrer">theDOCK</a>. Founded by Israeli Navy veterans in 2017, theDOCK works with early-stage companies in the maritime space to bring their solutions to market. The hub's pioneering efforts ignited Israel's maritime technology sector, and now, with their new fund, theDOCK is motivating these high-tech solutions to also address ESG criteria.</p><p>"While ESG has always been on theDOCK's agenda, this theme has become even more of a priority," Nir Gartzman, theDOCK's managing partner, told EcoWatch. "80 percent of the startups in our portfolio (for theDOCK's Navigator II fund) will have a primary or secondary contribution to environmental, social and governance (ESG) criteria."</p><p>In a company presentation, theDOCK called contribution to the ESG agenda a "hot discussion topic" for traditional players in the space and their boards, many of whom are looking to adopt new technologies with a positive impact on the planet. The focus is on reducing carbon emissions and protecting the environment, the presentation outlines. As such, theDOCK also explicitly screens candidate investments by ESG criteria as well.</p><p>Within the maritime space, environmental innovations could include measures like increased fuel and energy efficiency, better monitoring of potential pollution sources, improved waste and air emissions management and processing of marine debris/trash into reusable materials, theDOCK's presentation noted.</p>
theDOCK team includes (left to right) Michal Hendel-Sufa, Head of Alliances, Noa Schuman, CMO, Nir Gartzman, Co-Founder & Managing Partner, and Hannan Carmeli, Co-Founder & Managing Partner. Dudu Koren<p>theDOCK's own portfolio includes companies like Orca AI, which uses an intelligent collision avoidance system to reduce the probability of oil or fuel spills, AiDock, which eliminates the use of paper by automating the customs clearance process, and DockTech, which uses depth "crowdsourcing" data to map riverbeds in real-time and optimize cargo loading, thereby reducing trips and fuel usage while also avoiding groundings.</p><p>"Oceans are a big opportunity primarily because they are just that – big!" theDOCK's Chief Marketing Officer Noa Schuman summarized. "As such, the magnitude of their criticality to the global ecosystem, the magnitude of pollution risk and the steps needed to overcome those challenges – are all huge."</p><p>There is hope that this wave of interest and investment in environmentally-positive maritime technologies will accelerate the blue economy and ESG investing even further, in Israel and beyond.</p>
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