FT Big Read

Climate change: Carbon capture - miracle or white elephant?

Sept. 9, 2015

Pilita Clark reports that although $30bn has been committed or spent on carbon capture schemes to deal with CO2 emissions — the fossil fuel industry's preferred option — the sector has fallen short of expectations, while the International Energy Agency says $4tn would be needed for such projects to meet the world's 2 degree Celsius goal by 2050


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