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Many people regard CO2 capture and storage as an attempt by the oil and gas industry to be able to green-wash what they current do without actually having to ch
by VBprogrammer 5y ago
Many people regard CO2 capture and storage as an attempt by the oil and gas industry to be able to green-wash what they current do without actually having to change anything.
- semi-extrinsic 5y agoI agree it's easy to spin it that way. But I do also think it's true that we can scale up CO2 capture and storage one or two orders of magnitude more quickly than we can scale up renewables. And we will need that capability. Just take solar power in Europe as an example. It is projected that we need to install 300 GW of solar in the next three years. But the rate of new installations has been basically flat at about 20-25 GW per year for the past 10 years. Or take wind - we are going to install 21 GW this year, but next year that number will decrease due to constraints in permits and transmission grid capacity. To meet climate targets we need to add at least 30 GW per year. At this point it's simple math that renewables cannot be deployed quickly enough.
- sgent 5y agoI don't really care if Exxon is the most valuable company in the world because they discover a way to capture CO2 out of the air and pump it into old wells. Almost everyone agrees (finally!) global warming is an existential threat for humankind. If you start bringing up other random environmental concerns you lose supporters quickly.