Some solutions to the climate crisis touted by the fossil fuel lobby are questionable, in
particular carbon capture and storage (CCS). There are better ways for Governments to invest. A new report from the Institute for Energy Economics and Financial
Analysis (IEEFA) analysed the performance of 13 ‘flagship,
large-scale’ CCS projects worldwide, accounting for about 55 percent
of the global carbon capture capacity. The conclusions - CCS projects are more likely to fail
than achieve their goals. Seven projects underperformed, two
failed and one was mothballed. If governments rely on carbon capture to achieve net-zero it
CCS appears to be a smoke-screen.