The US just invested more than $1 billion into carbon removal / The move represents a big step in the effort to suck CO2 out of the atmosphere—and slow down climate change.
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The US just invested more than $1 billion into carbon removal / The move represents a big step in the effort to suck CO2 out of the atmosphere—and slow down climate change.::undefined
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You completely missed my point.
This technology is currently used to greenwash fossil fuels. With tax payer money.
That is, you pay taxes, that are paid to big oil and gas firms to pollute the planet even further. The CCS is just window dressing. It does nothing. And that's what I'm afraid will happen again.
CCS only makes sense, if the CO2 is actually pulled out of the carbon cycle. Otherwise it's fraud.
Yes, I did completely miss your point. However, I think these are two different issues. One is that oil companies are benefiting from our tax system and using carbon capture for good PR. The other is that we are trying a variety of things to help reduce the effects of climate change and one of those things is carbon capture. Oil companies using using carbon capture to gain good favor doesn’t preclude it from being a potentially helpful process.
But it's not helping, that's my point!
Fossil companies emit more CO2 because of this technology. That's not helpful.
It's a regulatory problem, but let's be honest, regulations are hardly written against major companies.