Kerry challenges oil industry to prove its promised tech rescue for climate-wrecking emissions

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 99%

Canada Headlines News

Canada Latest News,Canada Headlines

Oil and gas producers talk up technological breakthroughs they say will soon allow the world to drill and burn fossil fuels without worsening global warming. U.S. climate envoy John Kerry says the time is here for the industry to prove it can make the technology happen -- at scale, affordably and quickly -- to stave off climate disaster.

Kerry's comments came in an interview with The Associated Press on one of the most crucial topics in the fight to slow global warming: the argument from oil and gas producers that they will soon have technology in place to extract the climate-damaging gases that make fossil fuels the main culprit in climate change, allowing companies to keep pumping crude and natural gas worry-free.

"What they're banking on is that they're going to be able to do the emissions capture," Kerry said of oil and gas companies. He ticked off the stages of operations that would involve. "Technologies capture CO2 emissions at source or directly from the air," Saudi state oil giant Aramco says, describing the carbon then being stored safely underground or turned into "useful products."

"I just think it's foolish to think that we can keep pumping the stuff, CO2, methane, into the atmosphere, and that at some point we'll be able to capture it," Schlissel said. Going into November's climate talks, al-Jaber is calling for a phase-out of `'fossil fuel emissions," leaving it ambiguous whether he means a ramping up of technology or is open to some production cuts.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Iraq expects TotalEnergies to begin US$27-billion project in second half of 2023An Iraqi deputy oil minister said TotalEnergies and the Basra Oil Company ‘are now in the process of finalizing some contractual procedures and documents necessary to activate the contract’
Source: globeandmail - 🏆 5. / 92 Read more »

Record U.S. crude exports, rising shale output boost oil flow to HoustonPipelines that move oil from the Permian basin in West Texas to Corpus Christi are more than 90% full
Source: globeandmail - 🏆 5. / 92 Read more »

John Ducker: Drowsy driving third highest cause of collisionsThe Canadian Council of Motor Transport Administrators says that 21% of our collisions are caused by driver fatigue. That amounts to around 400 deaths and 2,100 serious injuries every year.
Source: timescolonist - 🏆 15. / 75 Read more »

All oil recovered from creek after December's Keystone pipeline leak - BNN BloombergTC Energy Corp. says it has recovered all of the oil that spilled into a Kansas creek as a result of a leak from the Keystone pipeline in December.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

John Hillman, 104, completes charity walkVeteran John Hillman walked the final 14 laps of 104 laps around the courtyard of his Oak Bay retirement home Friday.
Source: CTVNewsVI - 🏆 28. / 68 Read more »

John Ducker: Drowsy driving third highest cause of collisionsThe Canadian Council of Motor Transport Administrators says that 21% of our collisions are caused by driver fatigue. That amounts to around 400 deaths and 2,100 serious injuries every year.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »