The Collapse of Confidence in Carbon Capture ...Middle East

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The Collapse of Confidence in Carbon Capture
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Just a few years ago, Carbon Capture and Storage (CCS) was expected to be the saviour of the oil and gas industry, as major fossil fuel firms invested heavily in CCS activities aimed at decarbonising operations. Governments worldwide have encouraged companies to invest in CCS in recent years, funding green energy projects to help reduce the carbon emitted from oil and gas operations, and to allow countries to continue using fossil fuels to bridge the energy gap over the coming decades. However, as we see delays in the rollout of CCS projects and…

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