Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Related Articles
The changing economics of CCS
The business case for CCS is strengthening as costs decline, but deployment must accelerate to align with credible net-zero scenarios
Letter from London: Occidental’s oil-led defence of DAC
Company warns against potential withdrawal of federal funding for emerging technology as it eyes key role for CO₂ in boosting both conventional and shale oil recovery in US
Letter on carbon: Beyond the current trajectory
Policymakers must match their rhetoric with bolder action if they really want CCUS to scale up to meaningful levels
Letter from London: Shell blasts EU carbon storage targets
Binding CO₂ injection targets for oil and gas firms are ill-defined and very unrealistic, oil major tells London CCS summit
Europe in race to unlock CDR investment
Policymakers acknowledge crucial role for direct air capture and other removal technologies in meeting climate goals
Northern Lights goes live
Merchant storage project off western Norway takes first CO₂ shipment, but government warns of significant cost challenges ahead for CCS
Letter on carbon: Chasing down the cost of DAC
Innovation is moving at pace in the direct air capture sector, but will costs fall quickly enough to make it a mainstay of the voluntary carbon market?
Chevron joins push for Asia CCUS hubs
US company reiterates commitment to CCUS as it agrees to work with major steelmakers to drive large-scale deployment in Asia
Germany eyes blue hydrogen as cabinet backs CCS
Draft law opens door to large-scale carbon capture and storage, and could unleash investment in gas-based hydrogen projects
China eyes global collaboration on CCUS
Sinopec hosts launch of global sharing platform as Beijing looks to draw on international investors and expertise
Venue for COP29 in Baku
Opinion
Carbon capture
Paul Hickin,
Editor-in-chief
30 September 2024
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Letter on carbon: CCS negativity is hard to abate

The oft-fragmented and disparate sector must find ways to speak with a collective voice and debunk the anti-CCS doublethink

As COP29 approaches, those advocating for the importance of CCS to energy sustainability efforts should remember some of the negative reactions that came simply from the lip-service paid to the technology at last year’s shindig. While nobody wants to hear the industry’s shortcomings, there is much to be said about getting the criticisms out in the open—especially when few of them have much substance. Remember COP28's clunky call for “transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner, accelerating action in this critical decade, so as to achieve net zero by 2050 in keeping with the science”.  The chimera tried to please all parties. There ar

Also in this section
The changing economics of CCS
17 October 2025
The business case for CCS is strengthening as costs decline, but deployment must accelerate to align with credible net-zero scenarios
Gulf Energy Excellence Awards® 2025 winners honoured at Houston gala
17 October 2025
The black-tie gala recognised the energy industry’s leading innovations and thought leaders from across the value chain
Letter from London: Occidental’s oil-led defence of DAC
15 October 2025
Company warns against potential withdrawal of federal funding for emerging technology as it eyes key role for CO₂ in boosting both conventional and shale oil recovery in US
An all-energy stance
9 October 2025
A balanced approach—combining hydrocarbons, renewables and emerging clean technologies—is essential for both energy security and sustainability

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search