Wednesday, January 5, 2022

How Oil & Gas Companies Can Profitably Create Carbon-Negative Energy | OilPrice.com

A major opportunity has emerged to generate reliable power while capturing and sequestering carbon dioxide (CO2) from the atmosphere and can be implemented on a global scale. This is now possible due to advances in four key technology areas that can be combined into one larger system. Fossil fuel power generation with carbon capture, direct air capture (DAC), energy storage, and renewable energy can be combined to provide reliable power to the electrical grid and generate substantial negative carbon emissions at the same time. In addition to scaling up renewable energy, this will help the oil and gas sector transition to and participate in a low-carbon economy. If implemented around the world, this approach could reduce carbon emissions by billions of tonnes per year, while creating major economic opportunities....
Oilprice
How Oil & Gas Companies Can Profitably Create Carbon-Negative Energy | OilPrice.com
Paul Stevers, Canadian engineer and inventor, and cleantech and social entrepreneur

2 comments:

Peter Pan said...

Paul Stevers, Canadian engineer and inventor, and cleantech and social entrepreneur

I'm just an ordinary investor, but please, take my money!

Puzzimausi said...

Well here's a link on Public Investment in the US in Carbon storage technology not very promising - perhaps worth publishing on it's own right in MNE: https://www.gao.gov/products/gao-22-105111