COP28 - From Bill Gates to the pope, talk of carbon capture and its efficacy is dividing society
- Media Manager
- Oct 24, 2023
- 1 min read
CNBC
Written By: Anmar Frangoul
Published: October 25th, 2023
KEY POINTS
Businesses, politicians and environmental organizations are weighing up how best to slash emissions and tackle climate change.
A host of sources and innovations are being touted as crucial tools in the fight to safeguard the planet’s future, sparking intense debates about their merits and flaws.
Technologies related to carbon capture are also generating a huge amount of discussion.
The U.N. Climate Change Conference (COP28) is fast approaching, and businesses, politicians and environmental organizations are weighing up how best to slash emissions and tackle climate change both now and in the future.
From wind turbines and green hydrogen to solar panels and fossil fuels like natural gas, a host of sources and innovations are being touted as tools in the fight to safeguard the planet’s future, sparking intense debates about their merits and flaws.
Technologies related to carbon capture are also generating a huge amount of discussion, and the sector’s potential was a hot topic at the recent ADIPEC oil and gas conference in Abu Dhabi.
During an interview with CNBC at ADIPEC, the CEO of energy technology firm Baker Hughes
was asked why carbon capture hasn’t been scaled to the point of commercialization and decarbonization.
“It is coming,” Lorenzo Simonelli replied. “And I look at all the different carbon capture processes that exist in our portfolio, but those also available in the market, and we are starting to see scalability,” he added.
