3 ms·
Why is this comment so unpopular? I also fail to see how these ex oil companies will profit from carbon reduction. A far more likely scenario is they apply what
by binbag 6y ago
Why is this comment so unpopular? I also fail to see how these ex oil companies will profit from carbon reduction. A far more likely scenario is they apply what they have learned in oil and gas to offshore wind generation and continue to have a business model around provision of energy, e.g. the transformation of Statoil into Equinor.
- fsloth 6y agoThe edge oil companies have is that they are experts in pumping lots of stuff IN to underground. That's what fracking is. Now, just replace the fracking liquid with the transport of CO2.
- mattbk1 6y agoSlightly different because frack fluid is a liquid slurry at surface conditions and CO2 is gas that needs to be compressed into a supercritical state. Your point stands that oil and gas (and surrounding industry) engineers know what they're doing when dealing with the subsurface.