COP28 Boosts Carbon Capture, a Long Shot Fix for the Climate - Bloomberg
COP28 Boosts Carbon Capture, a Long Shot Fix for the Climate - Bloomberg
The World’s Leader in Carbon Capture Shows Why It’s a Long Shot
Fossil fuel producers at COP28 want to use technologies to cut emissions from dirty energy rather than target consumption. The US experience shows it’s not that simple.
A fire water tank at the Gorgon liquefied natural gas and carbon capture and storage facility, operated by Chevron Corp., on Barrow Island, Australia. Photographer: Lisa Maree Williams/Bloomberg
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Nearly 200 countries are in the home stretch of tough negotiations at COP28 over what the world should do to combat climate change. A central debate is about whether to quickly phase out fossil fuels or continue to burn them while banking on technologies that have the potential to mitigate their emissions.
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The World’s Leader in Carbon Capture Shows Why It’s a Long Shot
Related Knowledge Center: Climate diplomacy: COP 27
The 27th Conference of the Parties (COP 27) produced a groundbreaking agreement to create a “loss and damage” fund to help developing nations cope with the impact of climate change.
But the conference, held from Nov. 6 to Nov. 20, 2022, in Sharm el-Sheik, Egypt, fell short of a hoped-for agreement to speed reductions of greenhouse gas emissions.