The oil and gas industry is banking on carbon capture as its "fix" for climate change. The IEA's new report dispels that idea and offers real solutions.
If oil and natural gas consumption were to evolve as projected under today’s policy settings, limiting the temperature rise to 1.5C would require an “entirely inconceivable” 32 billion tonnes of carbon captured for utilization or storage by 2050, including 23 billion tonnes via direct air capture.
not sure if theyre math is right, or if theyre not including a reduction in production by that date…
the meat:
not sure if theyre math is right, or if theyre not including a reduction in production by that date…