Fossil Fuel Companies Made Bold Promises To Capture Carbon
Carbon capture and storage (CCS) was high on the agenda at New York Climate Week last week, where critics of the technology raised concerns it would be used to extend the life of the fossil fuel industry.
For years, experts have pointed out that CCS has been primarily used to pump more oil out of the earth, using a process known as enhanced oil recovery (EOR). Burning that oil emits far more carbon dioxide (CO2) than what is captured, and therefore CCS doesn’t represent a viable solution to tackle climate change, critics argue.
At a news conference after the one-day UN Climate Ambition Summit on September 20, Tzeporah Berman, chair of the Fossil Fuel Nonproliferation Treaty Initiative, said: “The oil companies acknowledged this year that they will not meet their bogus net zero commitments.