Is CCUS the solution?
Few people dispute that CO₂ emissions must decrease. But views of CCUS range from it being the saviour of the oil and gas industry to a cynical attempt to keep hydrocarbons flowing at any cost. Either way, it is urgently needed
If oil and gas professionals from around the world, braving the coronavirus and British winter, were expecting a warm welcome from the Energy Institute at International Petroleum (IP) Week in late February, they were in for a rude awakening. “We need to remove greenhouse gases from our energy system as quickly as possible,” according to the Energy Institute president Steve Holliday in his opening address. “It may even challenge the very relevance and survival of this sector.” He adds that the challenge remains “enormous” to “radically” change the energy system. He expects the November COP26 meeting in Glasgow to be about “just how ambitious we can be in constraining carbon”. He is not conte
Also in this section
10 May 2024
Launch of project powered by geothermal energy in Iceland marks step forward in push to scale up expensive direct-air-capture technology
8 May 2024
Allowance prices rise 34% since start of year as regulator imposes tighter limits and considers reduction of free allocations
7 May 2024
Policymakers should consider backing enhanced weathering as a CDR technique with benefits to the agricultural sector
3 May 2024
Developers look to government’s forthcoming budget to restore support as industry suffers loss of momentum