Even Bill Gates is investing in carbon capture—but companies should drop the ‘dangerous delusion’ it will let them keep guzzling gas, business group says ...Middle East
But a group of business and nonprofit leaders has poured cold water on the hype, with a warning for fossil-fuel companies that think the as-yet-unproven technology can free them from having to cut emissions. Those who believe large-scale use of fossil fuels can be offset with more carbon-capture or carbon-removal technology are suffering “a dangerous delusion,” the Energy Transitions Commission said in a report this week. Instead, in order to keep global temperature increase to 1.5 degrees Celsius, over 90% of identified fossil-fuel resources must be left in the ground, the report says. “Government policies, fossil fuel company strategies, and financial institution commitments must all st
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