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> Except big gas, who cannot turn a profit on a renewable success story. If only. Chevron’s Gorgon project will be ongoing for decades and making money hand o
by defrost 2mo ago
> Except big gas, who cannot turn a profit on a renewable success story.
If only.
Chevron’s Gorgon project will be ongoing for decades and making money hand over fist flogging LNG out of Australia to overseas customers.
It'll be a massive source of previously sequestered CO2 and claimed to be "the largest CO2 sequestration project on the planet* .. with the minor catch of (re-) stashing away a very very tiny portion of the CO2 released. Something, something, not let it out in the first place?
Still, could be worse, at least they're not planning on fracking the Kimberley.
Oh, wait: https://www.youtube.com/watch?v=Rh9IkUUgaww https://www.youtube.com/watch?v=Rh9IkUUgaww
- sleight42 2mo agoThe name is actually "Gorgon"? So a gas company named a project after a legendary monster. I'm not sure how to feel about this. CO2 sequestration sounds good in theory. But...
- throwaway2037 2mo ago> with the minor catch of (re-) stashing away a very very tiny portion of the CO2 released First, I want to clarify that when raw natural gas is extracted from underground wells, some portion of the gas is carbon dioxide. In this project, it is about 15%. The project's sequestration goal was to capture this CO2. So far, they are only able to capture about 1/3 of this CO2 for various technical reasons. I would not characterize 1/3 as a "very very tiny portion". Do I misunderstand your comment? You can read more details here: https://en.wikipedia.org/wiki/Gorgon_gas_project#Carbon_Dioxide_Sequestration https://en.wikipedia.org/wiki/Gorgon_gas_project#Carbon_Diox...