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Carbon Capture

At CERAWeek, Big Oil Executives Call for ‘Energy Security’ and Longevity for Fossil Fuels

Heads of the world’s top oil companies met in Houston and said the war in Ukraine has helped make the case for fossil fuels and a “balanced” energy transition. As one executive put it: “Our strategy is to stay as oily as we can for as long as we can.”

By Nicholas Kusnetz

Chevron CEO Mike Wirth (R) speaks with S&P Global Vice Chairman Daniel Yergin during CERAWeek by S&P Global in Houston, Texas on March 6, 2023. Credit: Mark Felix/AFP via Getty Images
Environmental activists rally for accountability for fossil fuel companies outside of New York Supreme Court on Oct. 22, 2019 in New York City. Credit: Drew Angerer/Getty Images)

Oil Companies Had a Problem With ExxonMobil’s Industry-Wide Carbon Capture Proposal: Exxon’s Bad Reputation

By Nicholas Kusnetz

ExxonMobil's Baytown Olefins Plant is part of a larger refinery complex, where the company has proposed building a hydrogen plant with carbon capture equipment. Exxon has said the project could cut greenhouse gas emissions at the refinery complex by "up to 30 percent." Credit: Nicholas Kusnetz

Oil Companies Are Eying Federal Climate Funds to Expand Hydrogen Production. Will Their Projects Cut Emissions?

By Nicholas Kusnetz

Oil tanks and and oil refinery across from each other along side the Houston Ship Channel in Houston, Texas on Sept. 29, 2014. Credit: Ken Cedeno/Corbis via Getty Images

Exxon’s Long-Shot Embrace of Carbon Capture in the Houston Area Just Got Massive Support from Congress

By Nicholas Kusnetz

An array of electricity producing wind turbines are viewed along Interstate 10 on May 11, 2022 near Palm Springs, California. Credit: George Rose/Getty Images

The Pathway to 90% Clean Electricity Is Mostly Clear. The Last 10%, Not So Much

By Dan Gearino

Occidental Petroleum Corporation (OXY) logo. Credit: STR/NurPhoto via Getty Images.

Occidental Seeks Texas Property Tax Abatements to Help Finance its Long-Shot Plan for Removing Carbon Dioxide From the Atmosphere

By Nicholas Kusnetz

Stacks emit steam at the Jim Bridger Power Plant Feb. 14, 2001 near Point of Rocks, Wyoming. Credit: Michael Smith/Newsmakers

In a Bid to Save Its Coal Industry, Wyoming Has Become a Test Case for Carbon Capture, but Utilities are Balking at the Pricetag

By Nicholas Kusnetz

American Electric Power's Mountaineer coal power plant opened a carbon capture unit (center right), alongside the plant's cooling tower and stacks in 2009. The project later died. Credit: Saul Loeb/AFP via Getty Images

Proponents Say Storing Captured Carbon Underground Is Safe, But States Are Transferring Long-Term Liability for Such Projects to the Public

By Nicholas Kusnetz

A rendering of a planned direct air capture plant in Texas that would initially pull 500,000 tons of carbon dioxide out of the air annually. Occidental Petroleum, which is planning to build the plant, would use some or most of the carbon dioxide it captures to pump more oil out of depleted reservoirs. Credit: Carbon Engineering

Occidental is Eyeing California’s Clean Fuels Market to Fund Texas Carbon Removal Plant

By Nicholas Kusnetz

A detail of the pilot carbon dioxide capture plant is pictured at Amager Bakke waste incinerator in Copenhagen on June 24, 2021. Credit: Ida Guldbaek Arentsen/Ritzau Scanpix/AFP via Getty Images

Carbon Capture Takes Center Stage, But Is Its Promise an Illusion?

By Nicholas Kusnetz

Oil refineries are seen off of the Houston Ship Channel in Houston, Texas on Sept. 29, 2014. Credit: Ken Cedeno/Corbis via Getty Images

Fossil Fuel Companies Stand to Make Billions From Tax Break in Democrats’ Build Back Better Bill

By Nicholas Kusnetz

Biggest “Direct Air Capture” Plant Starts Pulling in Carbon, But Involves a Fraction of the Gas in the Atmosphere

By Leslie Hook, Financial Times

Equipment installed as part of the Petra Nova Carbon Capture Project stands at the NRG Energy Inc. WA Parish generating station in Thompsons, Texas, on Thursday, Feb. 16, 2017. The project has since ceased operations indefinitely. Credit: Luke Sharrett/Bloomberg via Getty Images

Fossil Fuel Companies Are Quietly Scoring Big Money for Their Preferred Climate Solution: Carbon Capture and Storage

By Nicholas Kusnetz

Will the Democrats’ Climate Legislation Hinge on Carbon Capture?

By Nicholas Kusnetz

Steam is vented through exhaust stacks at Great River Energy Coal Creek Station coal fueled power plant in Underwood, North Dakota, on Thursday, Feb. 9, 2012. Daniel Credit: Acker/Bloomberg via Getty Images

A Lifeline for a Coal Plant Gives Hope to a North Dakota Town. Others See It as a Boondoggle

By Dan Gearino

The Baytown Exxon gas refinery produces the more processed oil than any other facility in the United States on March 23, 2006 in Baytown, TX. (Photo by Benjamin Lowy/Reportage by Getty Images)

Exxon Touts Carbon Capture as a Climate Fix, but Uses It to Maximize Profit and Keep Oil Flowing

By Nicholas Kusnetz

Alberta Canada Tar Sands

CCS Can't Make the Tar Sands Clean

By Andrew Nikiforuk

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