Carbon Capture Doesn’t Mean Oil Firms Can Continue Business As Usual ...Middle East

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Carbon Capture Doesn’t Mean Oil Firms Can Continue Business As Usual
Carbon capture, utilization, and storage (CCUS) could play a vital role in the decarbonization of some industries but carbon removals cannot be used by oil and gas firms while they continue to pump fossil fuels as usual, a new report by the Energy Transitions Commission showed on Thursday. “CCUS and removals are vital but do not mean business as usual,” said the commission which includes industry executives, bankers, and academics.  The report “dispels the notion that CCUS and carbon removals justify business as usual for…

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