Hundreds of looming projects will force communities to weigh the climate claims and environmental risks of capturing, moving, and storing carbon dioxide.
What concerns me is that a lot of these efforts seem to be political in nature and are tied to mitigating the inevitable decline in the fossil fuel industry. More often it makes more sense to speed up the use of renewables and dropping the use of fossil fuels. Fossil fuel use still hasn’t peaked. That is mainly driven by China, who are still building new coal and gas electricity plants. However the peak year of fossil fuel use is very near, there is some speculation it may even be this year for oil use. From then on it will be in steady decline, so of course that industry is going to do everything they can to delay.
What concerns me is that a lot of these efforts seem to be political in nature and are tied to mitigating the inevitable decline in the fossil fuel industry. More often it makes more sense to speed up the use of renewables and dropping the use of fossil fuels. Fossil fuel use still hasn’t peaked. That is mainly driven by China, who are still building new coal and gas electricity plants. However the peak year of fossil fuel use is very near, there is some speculation it may even be this year for oil use. From then on it will be in steady decline, so of course that industry is going to do everything they can to delay.