Why carbon capture needs a reality check

Oil companies are pouring billions into technologies to capture CO2 at fossil fuel plants or even suck it out of the air. They have made big promises — but where are the results? #CCS #FossilFuels #Emission #PlanetA We're destroying our environment at an alarming rate. But it doesn't need to be this way. Our new channel Planet A explores the shift towards an eco-friendly world — and challenges our ideas about what dealing with climate change means. We look at the big and the small: What we can do and how the system needs to change. Every Friday we'll take a truly global look at how to get us out of this mess. Follow Planet A on TikTok: https://www.tiktok.com/@dw_planeta?lang=en Credits: Reporter: Beatrice Christofaro Camera: Marco Borowski Video Editor: Frederik Willmann Supervising Editors: Malte Rohwer-Kahlmann, Kiyo Dörrer Factcheck: Kirsten Funck Thumbnail: Em Chabridon Chapters: 0:00 Intro 0:53 What are CCS and DAC? 2:45 Where the technologies stand now 3:32 The CCS promises begin 5:32 The price stays high 7:12 What the CO2 is really used for 8:57 The cost of DAC 11:22 Big plans to expand DAC 13:04 Conclusion Read more: Carbon Capture, Utilisation and Storage, IEA https://www.iea.org/energy-system/carbon-capture-utilisation-and-storage Direct air capture, Climeworks https://climeworks.com/direct-air-capture Big Oil Pivots Away From Renewable Power on Low Returns, BloombergNEF https://about.bnef.com/blog/big-oil-pivots-away-from-renewable-power-on-low-returns/ Gorgon carbon capture and storage: The sting in the tail, IEEFA https://ieefa.org/resources/gorgon-carbon-capture-and-storage-sting-tail A Process for Capturing CO2 from the Atmosphere, Keith et al https://www.sciencedirect.com/science/article/pii/S2542435118302253 “Net zero” oil company: Climate action or oxymoron?, Carbon Market Watch https://carbonmarketwatch.org/publications/net-zero-oil-company-climate-action-or-oxymoron/