Big Oil’s Favorite Climate Change Solution

This year’s United Nations climate summit will be the biggest in history–and the first held in a major petrostate. Host United Arab Emirates wants to bring the fossil fuel industry into the climate fold, but to make that happen requires wide deployment of carbon capture and storage. Proponents argue the new technology could help preserve the energy security of fossil fuels without the emissions. Critics say it’s unproven at scale and a convenient fig leaf for Big Oil.

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[Diode]

It's poor value for money for the reduction in carbon it delivers. These oil companies have a lot of money to spend, and the only reason they are spending it on carbon capture is to to keep the existing business model alive. For every year carbon capture fails to deliver reductions in carbon they should be forced to redirect that investment into other technologies that help abate or reduce carbon, at a higher rate than carbon capture.

[ryangemmatin-ao]

"Employing them right now is costly, so maybe later" - Oil Industries hahaa

[UXTROM]

People are running carbon capture machine with carbon generating energy sources .

[jimysker]

ultimately the world needs to run at net negative as quickly as possible. you can not let oil companies profit from extraction and sequestration, it has to be one or the other otherwise they are just being paid to photosynthesize inefficiently.

[Tarquin]

Carbon capture will never be a solution. CO2 is 442ppm that will never work. You could however capture it at the points where the CO2 is created, but we should have build these 20 years ago, why did we not do this? Money.

[williamrichardson]

Is there anything in this world that isn't a scam?

[Autovetus]

This has not even been proven to work, and you are already criticizing it will help the oil sharks ?!?

[gazynaz]

You missed a key discussion point, CCS tech requires energy so question is what is the source of that energy and is it part of the carbon accounting

[balazstivadar]

Coal is already dying fast, since it cannot compete with renewables on price. Gas, oil and nuclear face a similar fate in the following eight to ten years. Wind, solar and batteries are going to wipe them out big time.

[ropro]

Lol, I thought that Big Oil's favorite climate change solution was misinformation 😂

[TennesseeJed]

Thermodynacally impossible unless you want to spend as much or more energy than hydrocarbon gave out initially. There is a game, you can't win, you can't break even and you can't quit.

[paulmontague]

Direct Air Capture is nuts … plant trees the perfect DAC machine. There is plenty of CO2 coming from the vent stacks on amine units that can be sequestered today.

[joycejeong-xb]

Reforestation initiatives assume significance, serving as a potent tool for carbon sequestration, countering the effects of rampant deforestation and land degradation.

[BobQuigley]

It doesn't WORK! Capiche? Its been trialed for over two decades.

[annking]

Oil Companies Are Pumping Worthless Oil Back Underground. So what is that doing to aquifers as they've already broken or "fracked" the ground?

[bluettr]

Sorry kids, this snake oil isn’t making wall st enough money. So we need to fleece more.

[ronaldgarrison]

2030 is not any special date WRT carbon capture. Talking about it in that way implies using carbon capture to offset fossil fuel use. That applies whether you're talking about CCS on coal plants, or direct air capture. **None of that is going to happen.** First, renewable energy will ramp up; THEN, direct air capture will ramp up soon after. Anything else is simply irrational.

[Sum_Guy]

Use carbon to capture carbon and store it where?

[JOSEPHCHARLESCOLIN]

Carbon I'm developing right now Is a high pressure Jet the shoots up into space only 4% makes it out into space but it works .

[TheNemesis]

Nobody wants to talk about what these plants will be powered by 😂😂😂... nuts