From Just Have a Think.
Fossil Fuel Carbon Capture and Storage yet again under-delivered in 2025 when the Norwegian state oil company, Equinor, was forced to admit the Sleipner CCS facility was capturing only about 10% of it’s claimed 1 million tonnes per year. Similar missed CCS targets are happening all over the world. And now new research has found that the amount of realistically available global storage capacity is also roughly only just over a tenth of the amount claimed by big oil and gas.
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Reference Links:
Gidden et al – A prudent planetary limit for geologic carbon storage
https://www.nature.com/articles/s41586-025-09423-y
DeSmog Article on Equinor’s Sleipner CCS facility
https://www.desmog.com/2025/01/14/exclusive-norways-equinor-forced-to-withdraw-key-carbon-capture-claim/
UK CCS Subsidies
IEA : Is carbon capture too expensive?
https://www.iea.org/commentaries/is-carbon-capture-too-expensive
IEA : CCS projects around the world are reaching new milestones
https://www.iea.org/commentaries/ccus-projects-around-the-world-are-reaching-new-milestones
IPCC AR6 Chapter 6 : Energy Systems
https://www.ipcc.ch/report/ar6/wg3/chapter/chapter-6/
Reuters article on 45Q tax incentive
https://www.reuters.com/sustainability/climate-energy/senate-bill-would-raise-value-tax-credit-use-captured-co2-produce-more-oil-2025-06-17/
UN Emissions Gap Report
https://www.unep.org/interactives/emissions-gap-report/2024/
Greenhouse Gas Protocol
https://ghgprotocol.org/sites/default/files/2024-08/Global-Warming-Potential-Values%20%28August%202024%29.pdf
Global CCS Institute
https://www.carboncapturejournal.com/ViewNews.aspx?NewsID=5862&utm
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