
As COP29 approaches, alarm bells are ringing over the fossil fuel industry’s ‘carbon capture’ strategy. Experts are pushing for a massive expansion of cheap, efficient modular renewables instead of costly carbon capture technologies.
Big Oil’s Survival Playbook
Fossil fuel producers and companies are aggressively promoting Carbon Capture and Storage (CCS) technology to protect their business models. But is this just a clever ploy to keep burning fossil fuels?
The Power of Modular Renewables
Solar, wind, and battery technologies have seen costs plummet by 90% in the last decade. Meanwhile, CCS costs have barely budged in 40 years.
COP29’s Critical Mission
Experts urge COP29 to push countries to set more ambitious targets for low-cost modular renewable expansion. This could not only help achieve the COP28 goal of tripling renewables by 2030 but also reduce reliance on expensive CCS tech.
The world watches as COP29 gears up to make crucial decisions that could either fall for Big Oil’s ‘carbon capture con’ or pave the way for a true energy revolution.
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