Billions Being Pumped Into Unproven “Climate Solutions”

Billions Being Pumped Into Unproven “Climate Solutions”

OilPrice.com

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As part of the green transition, governments worldwide are calling on companies to decarbonise their operations. This has led to a wave of investment in carbon offset schemes, carbon capture and storage (CCS) technologies and other “climate solutions” that have not yet been proven to work. Over the past half a decade, there has been great enthusiasm for the mid-term mitigation of greenhouse gas emissions, until we can achieve a global shift away from fossil fuels to renewable alternatives. However, several recent studies suggest that…

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