The Collapse of Confidence in Carbon Capture | NYGazet

Carbon Capture and Storage, once seen as a lifeline for the oil and gas industry, is facing mounting doubts as delays, high costs, and poor performance cast serious doubts on its future viability.

Just a few years ago, Carbon Capture and Storage (CCS) was expected to be the saviour of the oil and gas industry, as major fossil fuel firms invested heavily in CCS activities aimed at decarbonising operations. Governments worldwide have encouraged ... [6246 chars]