Depending on who you discuss to, carbon seize and storage (CCS) is both a fig leaf for the oil and gasoline trade or an important a part of the shift to internet zero.
The PM has introduced tens of millions of kilos for the Acorn carbon seize undertaking right this moment – a three way partnership between Shell and different companies.
The prime minister additionally confirmed a whole bunch of recent licences for North Sea oil and gasoline exploration – placing down a marker in opposition to Labour plans to cease new drilling.
In essence, carbon seize know-how is about eradicating carbon dioxide from industrial processes and smoke stacks, and pumping it into depleted oil and gasoline fields a mile or so beneath the seabed.
It can be locked up in rocks fairly than including to international warming within the environment.
CCS hasn’t been finished at scale earlier than and it is going to be costly at first.
But Norway and another nations are additionally racing to begin up schemes to satisfy their local weather obligations.
The supporters of the know-how say it may make industries that may’t be decarbonised, corresponding to cement manufacturing, way more sustainable.
It may additionally take away lots of the greenhouse gasoline emissions that consequence from turning pure gasoline into cleaner hydrogen.
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But inexperienced teams warn that would maintain the manufacturing of fossil fuels into the long run.
They need oil and gasoline left within the floor as quickly as doable – and say CCS is a distraction from decreasing carbon throughout the financial system.
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Content Source: information.sky.com