#climateDiary
When you’re a fossil fuel company with:
- very high and growing decline rates on oil and gas that’s derived from tar sands and shales
- and/or conventional fields heading rapidly towards the end of their profitability, like the North Sea
CCS is a handy way to squeeze out as much oil and gas as possible, and pretend that none of this is a problem for a little longer.
That is its primary utility.
The rest is misdirection and obfuscation.
(Let me know if any of this is wrong)