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I assure you, the decision is entirely economic on the production side. CO2 is fungible, no? (in regards to sequestration subsidies)
by jackfoxy 7y ago
I assure you, the decision is entirely economic on the production side. CO2 is fungible, no? (in regards to sequestration subsidies)
- londons_explore 7y agoCO2 is indeed fungible. I simply suspect that a lot of companies are requesting government money to research and develop something that they would choose to research anyway even without government money. (because it increases oil production). They get away with that because many governments don't have good tech advisers.
- jackfoxy 7y agoCO2 injection is not R&D, but established operating procedure. Its use can count to what determines recoverable reserves.