Multiple Pathways To Carbon Neutrality
Updated: Nov 28, 2020
According to IPCC, renewable energy solutions (solar, wind, etc.) alone will not achieve carbon neutrality target of 1.5 F for the global warming.
It requires multiple path ways to achieve the target; including enhancing the natural carbon capture processes, using the mechanical technologies like Direct Air Capture, and surface and subsurface storage solutions.
CO2 enhanced oil recovery (CO2 EOR), is one way oil company can reduce their carbon footprint by injection of CO2 in the oil reservoir, which helps in improving the oil recovery and offsetting the carbon cost. The geological sequestration is the other.