Carbon capture dependent on oil and gas extraction

American Interest:

One of the world’s most promising potential solutions to climate change is currently highly dependent on oil production. Carbon capture and storage (CCS) systems intercept emissions of the greenhouse gas and pump them into wells deep underground. This technology could end concerns over human-caused climate change if—and this is a big if—it can be profitably deployed. Just last month, the first commercial CCS operation started up in Canada, and as the FT reports, it’s only viable because of oil....
There have been experiments with it in Texas too.  It appears to help force more oil out of the ground in old fields.


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