Carbon capture would appear to be delusional just based on the scale, which most folks don’t appreciate. For the moment, Wyoming’s Governor seems to be placating enemies on the right as he pushes green energy, but holds up carbon capture as a sop to the powerful coal industry.
Institute for Energy Economics and Financial Analysis:
Continue reading “Can the Cowboy State Keep Coal King by Capturing Carbon?”“As our report shows, CCS has been around for decades, mostly serving the oil industry through enhanced oil recovery (EOR). Around 80–90% of all captured carbon in the gas sector is used for EOR, which itself leads to more CO2 emissions.”
About three-quarters of the CO2 captured annually by multi-billion-dollar CCUS facilities, roughly 28 million tonnes (MT) out of 39MT total capture capacity globally, is reinjected and sequestered in oil fields to push more oil out of the ground.
The International Energy Agency says annual carbon capture capacity needs to increase to 1.6 billion tonnes of CO2 by 2030 to align with a net zero by 2050 pathway.
“In addition to being wildly unrealistic as a climate solution, based on historical trajectories, much of this captured carbon will be used for enhanced oil recovery,” says Robertson.