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MIT, Total Collaborate on Energy Research
19 December 2008
The MIT Energy Initiative (MITEI) and Total, a France-based multinational oil and gas company, have announced a new energy research collaboration that will support MIT’s Joint Program on the Science and Policy of Global Change to further understand and mitigate global climate change.
As a MITEI Sustaining Member, Total will also support several research projects in subsurface imaging to reduce exploration and production costs and reduce environmental surface and sub-surface impacts for oil and gas development. This portfolio of technologies has direct application to heavy oil production, an important oil resource especially in the Western Hemisphere where reserves in Canada and Venezuela alone are roughly double those of Saudi Arabia’s conventional oil reserves.
Subsurface imaging technologies also have broad application beyond oil and gas and could enhance geothermal energy production, carbon sequestration, and, potentially, nuclear waste disposal. Sponsoring of research projects in the field of renewable energies is also under consideration.
As a MITEI Sustaining Member, Total will have a seat on the MITEI governing board. The board provides key input on the direction and success of the Initiative’s research portfolio.
December 19, 2008 in Brief | Permalink | Comments (2) | TrackBack (0)
Comments
Posted by: HarveyD | December 19, 2008 at 08:05 AM
"...further understand and mitigate global climate change."
Huh? Sounds like disingenuous language inserted solely to grab a piece of what's left of the global warming budget.
Posted by: sulleny | December 20, 2008 at 08:54 AM
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Accurate worldwide subsurface imaging could certainly identify the whereabouts, size and content of NG, oil, Coal, geothermal hot water sources and other earth crust substances.
Knowing the whereabouts of all the usable geothermal areas could booster the use of that clean energy source in the future.
Cleaner ways must be used to extract and process oil from tar sands and shales.
It may sound a bit Star Trek like, but better tools are certainly going to be developed in the coming decades.