People are missing the fact that the oil and gas industry is strongly in favour of CCS for 2 main reasons:
1. It makes extracting and burning oil not so bad - no need to make rules limiting oil extraction, we can simply start some CCS projects.
2. Injecting CO2 into deep oil wells actually helps get more oil out of them. Get the government to pay for CCS, while the oil company profits off increased yields.
1. It makes extracting and burning oil not so bad - no need to make rules limiting oil extraction, we can simply start some CCS projects.
2. Injecting CO2 into deep oil wells actually helps get more oil out of them. Get the government to pay for CCS, while the oil company profits off increased yields.