Multiplied Impact

Carbon capture and storage projects? More, please

Article ESG 1 January 2021

PM Network

Hermans, Amanda | Ali, Ambreen | Wilkinson, A. | Hendershot, Steve | Parsi, Novid | Wyatt, Diego

How to cite this article:

Hermans, A., Ali, A., Wilkinson, A., Hendershot, S., Parsi, N., & Wyatt, D. (2021). Multiplied Impact: Carbon capture and storage projects? More, please. PM Network, 35, 11.

Carbon capture and storage (CCS) projects hold serious promise: By repurposing carbon dioxide emissions produced from fossil fuels during electricity generation and industrial processes, they can slash the amount of the greenhouse gas that enters the atmosphere. But a September report by the Center on Global Energy Policy at Columbia University and the Global CCS Institute shows that to make a dent in global emissions—namely to minimize global warming to an increase of 1.5 degrees Celsius (2.7 degrees Fahrenheit) by mid-century—more projects are needed. Like, a lot more.

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Source: Net-Zero and Geospheric Return: Actions Today for 2030 and Beyond, Center on Global Energy Policy and the Global CCS Institute, 2020

This material has been reproduced with the permission of the copyright owner. Unauthorized reproduction of this material is strictly prohibited. For permission to reproduce this material, please contact PMI.

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