carbon capture and storage

“The numbers I typically see is we will utilize less than 10% of it. Most of it has to go into deep storage, be it depleted oil and gas reservoirs with tight overseal, or into deep saline aquifers. Like, the vast majority has to go into permanent storage withou…”

“A first useful consideration is should you just capture that CO₂ and store it, keep it out of the atmosphere? And in a bunch of places, that will be the fastest, cheapest way to decarbonize. That only typically gets you 60% decarbonization.”

“So in my view, I think we need to at least try to get to a world that minimizes the amount of CCS that we're doing, whether that is for mitigation or removal, and basically just because it's infrastructurally intensive, it's energy intensive, all of these kind…”

“In practice, because this is mostly fossil stuff, I think that ends up looking a lot like lifespan extension or some way to keep using fossil fuels into a decarbonized future.”

“There's very little going on in the world of carbon capture in the steel industry right now. There are a there are no large-scale efforts to commercialize this technology. Like, there isn't a single steel company anywhere in the world that's like, we're gonna …”

“In the U.S., assuming three dollars per million BTU for natural gas, on a new build, All costs. That means cost of capture, compression, transportation, storage, and permitting. You're looking at 70 to a hundred dollars a megawatt hour.”