Carbon Capture Desperately Needs a Reality Check After Lost Decade
The technology is held up as indispensable for meeting climate goals even as deployments continue to disappoint.
A pressure gauge of the CO2 injection well at the Gorgon carbon capture and storage facility, operated by Chevron Corp., on Barrow Island, Australia
Photographer: Lisa Maree Williams/BloombergThis is from the Green Daily newsletter. Sign up to receive it in your inbox.
Each year, the International Energy Agency produces a hundreds of pages long report that lays out possible futures for the multi-trillion-dollar energy sector. As renewables such as solar power have gone from marginal to massive, the IEA’s scenarios have changed to reflect surging pace of the ongoing shift. Only one technology almost always gets an ever more bullish appraisal while failing to progress: carbon capture and storage (CCS).