- Sep 5, 2022 7:26 pm GMT
The International Energy Agency estimates that carbon capture technology's contribution to CO2 emissions reduction will fulfil 15% of the total needed to keep mean temperatures from rising beyond 1.5 Celsius. Yet the U.S. and other governments are throwing billions in terms of tax credits and subsidies to encourage new carbon capture projects. Wouldn't the money be better spent on improving the energy efficiency of existing infrastructure, and on continuing to build renewable energy capacity? Both can contribute significantly more to lowering emissions than carbon capture.