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Group says forcing polluters to store carbon dioxide underground is needed to help world reach net zero
Carbon capture and storage schemes, a key plank of many governments’ net zero plans, “is not a climate solution”, the author of a major new report on the technology has said. Researchers for the Institute for Energy Economics and Financial Analysis (IEEFA) found underperforming carbon capture projects considerably outnumbered successful ones by large margins.
Oil companies love to tell the world about the super cool technologies that have that will allow us to keep burning fossil fuels without cooking the climate. But those technologies are largely bullshit.
CCS - Carbon Capture and Storage: A research brief published by the Institute for Energy Economics and Financial Analysis (IEEFA) concludes that the abrupt recent shutdown of the Petra Nova coal-fired carbon capture plant in Texas should be seen as a strong signal for investors to avoid such projects.
Technologies for the removal of carbon dioxide (CO2) from the atmosphere (direct air capture, or DAC for short) are already in use, but neither their actual benefits for climate protection nor their other environmental impact have yet to be investigated.
There are several ways to remove carbon from the atmosphere. One is called bioenergy with carbon capture and storage, or Beccs. Here, vast acres of fast-growing plants are grown and then harvested and burned to generate electricity or make biofuel for vehicles.
The recent spike in natural gas prices has closed many plants that make fertiliser in the UK – sending a shockwave through lots of other industries.
From turning CO2 into rock to capturing the breath of office workers, a growing number of companies think the answer is yes
This article argues that resource and logistical constraints weighing on low-carbon energy and CO2 capture technologies are likely to pave the way for geo-engineering solutions such as Stratospheric Aerosol Injection (SAI), which demand negligible land, material, and energy inputs. This “climate transition without carbon transition”, though technically feasible, is far from being that simple, raising a whole new set of environmental risks as well as geopolitical, institutional, and ethical issues.
Operators say the Orca plant can suck 4,000 tonnes of CO2 out of the air every year and inject it deep into the ground to be mineralised
The industry has been pushing through policies devoting billions of dollars to the technology, and much more is likely to come with legislation pending before Congress.
An astute journalist I know once described carbon capture and storage (CCS) as a “delay-and-fail strategy” devised by the fossil fuel industry. The industry’s ploy was utterly obvious to him: Promise to perfect and deploy CCS at some vague point in the future. By the time people catch on that CCS won’t work, the fossil fuel industry will have successfully extended the time it has operated without onerous regulation for another couple of decades.
