PATH FORWARD: Why Carbon Capture is Critical for US Oil

Here’s what makes carbon capture important and why oil and gas companies in the U.S. are well-positioned to take the lead.

PATH FORWARD: Why Carbon Capture is Critical for US Oil

With increasing pressure to fight climate change, scientists and leaders agree that carbon capture, use and storage (CCUS) is a cost-effective solution to meet emissions goals made under the Paris Agreement.

Although aggressive efforts are needed to meet the net-zero goal, oil and gas companies are making significant progress in deploying CCUS projects at scale, according to JP Brisson, partner at Latham & Watkins’ law firm.

“More than 30 [CCUS] projects are in operation globally with more than 40 under development,” Brisson said in a video interview with Hart Energy’s Faiza Rizvi, adding that U.S. oil and gas companies are well-positioned to make progress in the area.

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Faiza Rizvi

Faiza Rizvi is a senior associate editor of Business & ESG for Hart Energy's editorial department, with a strong focus on E&P Plus and HartEnergy.com. She has been covering all facets of the U.S. and international energy industry for over 5 years.