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By Justin Mikulka (6 min. read)
A new analysis by Clean Technica found that global investment in carbon
capture and storage technology (CCS) adds up to roughly $7.5 billion
total. It also examined how much, for that investment, CCS has reduced
atmospheric carbon dioxide (CO2) levels compared to an equivalent
investment in renewable power generation.
The analysis calculated that “wind and solar are displacing roughly 35
times as much CO2 every year as the complete global history of CCS.”
Clean Technica's Mike Barnard concluded, “CCS is a rounding error in
global warming mitigation.”
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