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Shell sold millions of 'phantom' carbon credits - Financial Times

Financial Times · last updated

Shell sold millions of ‘phantom’ carbon credits

Related Knowledge Center: Carbon capture

State of Play

The federal government is investing heavily in the development of carbon capture and storage (or sequestration), which offers the enticing prospect of preventing carbon dioxide emissions produced during combustion from entering the atmosphere and contributing to climate change. But the technologies involved, while proven, remain expensive, an obstacle to widespread adoption. 

More informationabout Carbon capture