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this post was submitted on 11 Aug 2023
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Yes, I did completely miss your point. However, I think these are two different issues. One is that oil companies are benefiting from our tax system and using carbon capture for good PR. The other is that we are trying a variety of things to help reduce the effects of climate change and one of those things is carbon capture. Oil companies using using carbon capture to gain good favor doesn’t preclude it from being a potentially helpful process.
But it's not helping, that's my point!
Fossil companies emit more CO2 because of this technology. That's not helpful.
It's a regulatory problem, but let's be honest, regulations are hardly written against major companies.