The future of carbon capture technology is up in the air as United States oil and gas giant Chevron admits to an Adelaide audience that its flagship project is running at just a third of capacity six years after opening.
Industry Minister Ed Husic says he has not seen proof that carbon capture and storage works, conflicting with the views of the prime minister and resources minister.
Chevron Corp and
Exxon Mobil Corp, the two largest U.S. fossil fuel
companies, are seeking Australia s backing for carbon capture
and storage and hydrogen projects as they look to increase
investment. | May 17, 2023