February 2022, Vol. 249, No. 2
Features
Carbon+Intel: Promises, Risks of Carbon Capture Investment
By Jeff Lee, Principal Consultant, Kronos Management, LLC Carbon capture and storage (CCS or carbon capture, utilization and storage [CCUS]) is a critical part of a worldwide effort to control the greenhouse gases emitted to the atmosphere. Figure 1: U.S. CCUS Cost Curve (source: National Petroleum Council, 2019) Without putting away massive amounts of carbon dioxide (CO2) while awaiting renewable energy to mature commercially, there is no hope in stopping global temperature from rising beyond 1.5°C by the end of the century. Despite the Federal 45Q tax credit in the United States, near-record carbon prices above 80 euro/tonne

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