July 1st, 2024

Carbon Capture Technology Called a 'Boondoggle' for Oil Industry

Carbon capture technology faces criticism for potentially extending oil well operations, funded by public money. Enhanced oil recovery in Saskatchewan raises environmental and effectiveness concerns, seen as a tactic to prolong fossil fuel use.

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Carbon Capture Technology Called a 'Boondoggle' for Oil Industry

The article discusses how carbon capture technology is being criticized for potentially prolonging the operational life of oil wells, leading to increased fossil fuel use. Public funds are being used to support carbon capture projects that some argue may create more environmental issues than they solve. Critics view carbon capture as a tactic by the fossil fuel industry to continue extracting and burning fossil fuels. The article highlights a specific project in Saskatchewan where carbon dioxide is pumped into oil wells to extend their production lifespan. This process, known as enhanced oil recovery, raises concerns about the environmental impact and the overall effectiveness of carbon capture initiatives. The project, funded by Canadian and international governments and industry, has been labeled as a potential boondoggle due to its implications for increasing fossil fuel extraction and emissions. Additionally, there are concerns about carbon dioxide leakage from underground reservoirs and the long-term viability of carbon capture and storage technologies without substantial subsidies.

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