Carbon capture is turning the oil and gas industry into a critical player for mitigating climate change – while its products continue to heat up the planet.
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The combination of the source of the CO₂ and its end use determines its environmental and economic benefits or consequences.
Fossil fuel power plants can avoid most emissions by capturing carbon dioxide and pumping it underground. But to be a climate solution, that carbon has to stay stored for thousands of years.
The recently released Emissions Reductions Plan aims to put Canada on track to reduce emissions by up to 45 per cent from 2005 and reach net-zero emissions by 2050. It will do neither.
Canada has emerged as a leader among its G20 peers in terms of green fiscal stimulus spending and policies.
Canada’s greenhouse gas emissions decreased by only one per cent between 2005 and 2019. A new climate plan charts the path to deep cuts in carbon emissions in only eight years.
A tax credit for companies that invest in carbon capture technology would divert financing away from cheaper and safer climate solutions.
Carbon capture technologies have been labelled as a distraction. But as we enter the all-hands-on-deck phase of tackling climate change, they must not be ignored.
A large-scale survey asked people exactly that. One use of recycled carbon dioxide stood out.
We cannot rely on technology development alone to deeply cut Australia’s emissions. Other policies and more money will be needed.
It may be just as well the UK government scrapped its previous carbon capture competition.
Top contributors
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Adjunct professor, Environment and Sustainability, University of Saskatchewan
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Professor of Advanced Energy Research, Director of the Global CO2 Initiative, University of Michigan
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Chief Scientist & Professor of Exploration Geoscience, Heriot-Watt University
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Adjunct Professor of Environmental Communication, Tulane University
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Professor of Political Science, University of British Columbia
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Research Fellow at the Global CO2 Initiative, University of Michigan
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Professor, Crawford School of Public Policy and Head of Energy, Institute for Climate Energy and Disaster Solutions, Australian National University
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PhD student, USC Dornsife College of Letters, Arts and Sciences
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Postdoctoral Researcher in Carbon Sequestration, Arizona State University
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Assistant Professor, School of Public Administration, University of Victoria
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Professor in Chemical Engineering, University of British Columbia
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Professor of Engineering and Director of the Center for Negative Carbon Emissions, Arizona State University
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Post-Doctoral Research Fellow, Peter B. Gustavson School of Business, University of Victoria
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Associate Professor of Finance, Gustavson School of Business, University of Victoria
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Dana and David Dornsife Professor of Psychology and Director of the Wrigley Institute for Environment and Sustainability, USC Dornsife College of Letters, Arts and Sciences
