If refined, carbon capture and storage (CCS) technology has the potential to unlock unburnable carbon by capturing up to 99% of total carbon dioxide emissions produced by fossil fuels. The reduction of emissions to 1% would allow continued usage of fossil fuels while remaining within carbon-reduction goals set out in the Paris Agreement, enabling consumption of 33% more fossil fuel resources. It stemmed from observations that if all known fossil fuel reserves are extracted and used, then carbon dioxide emissions would exceed the world’s carbon budget and have a significant negative effect on the global environment. However, CCS is not without its critics.
If refined, carbon capture and storage (CCS) technology has the potential to unlock unburnable carbon by capturing up to 99% of total carbon dioxide emissions produced by fossil fuels. The reduction of emissions to 1% would allow continued usage of fossil fuels while remaining within carbon-reduction goals set out in the Paris Agreement, enabling consumption of 33% more fossil fuel resources. However, CCS is not without its critics.