Big Money Rushes Into Carbon Capture Before It Delivers Results

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The prospect of trapping carbon dioxide and storing it away so it can’t warm the planet has always been tantalizing. Now governments and companies are throwing their weight behind the technology as a way of solving the climate problem like never before.

The oil and gas industry has long argued that real emissions reductions can be delivered by removing CO2 from smokestacks and burying it deep underground — an approach known as carbon capture and storage (CCS). But after decades of failing to reach the scale needed to make ...