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The Fictitious World of ‘Carbon Neutral’ Fossil Fuel
- deleted 5y ago[deleted]
- chewz 5y agoBut to make it work, Total's pioneers of carbon neutrality first needed to find green projects capable of meeting two requirements: generate carbon credits backed by an international organization, without costing too much. After struggling to come up with an answer, the team set up a meeting with South Pole, a project developer based in Zurich that came recommended by rival traders. That's how $600,000 from a $17 million LNG transaction ended up, in part, paying for forest protection in Zimbabwe. The resulting trade looks like a win for everyone. Total kept its promise to investors to shrink its carbon footprint. Impoverished communities received financial support. And the buyer, China National Offshore Oil Corp., cited the shipment as one of the steps it's taking to "provide green, clean energy to the nation." But climate experts and even a crucial organizer behind the deal say it will do virtually nothing to decrease carbon dioxide in the atmosphere, falling far short of neutral. -Bloomberg
- PaulHoule 5y agoIt's more credible to reform the CH4 to H2 and pump the CO2 into a saline aquifer or maybe burn the CH4 in O2+recycled exhaust and do the same. In that case you really can measure the CO2 being injected the same way they measure the CH4 coming out of the ground. Contrast to a forest project where you can't really measure it (are you really going to use calipers to measure how much the branches grew? do you really believe the answer) and the carbon is just a fire away from being released?