Ancestors

Toot

Written by Tormod on 2024-12-02 at 07:19

Waking up and turning on the news. (Bad call, I know…)

36 billion SEK "Carbon Capture and Storage" project is abandoned, due to "major insecurity on a immature market, where the economic conditions to complete the project are missing".

Syrian war flares up again. According to the fighters, Aleppo has been liberated and God is on their side…

And... Online gambling increases among high-school kids. Yay for the Free Market!

Good morning all!

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Descendants

Written by Androcat on 2024-12-02 at 07:23

@airwhale The failure of carbon capture is perhaps not all bad.

Carbon Capture is just more money for the oil industry. It's a scam and a sham and probably does more harm than good.

Compare to a crypto exchange collapse, failure is not always a bad thing.

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Written by Tormod on 2024-12-02 at 07:32

@androcat

Agreed, I always expected it to fail. Also, the companies were looking for ways to sell and recycle the captured CO2, so then what's the point?

Still, as projects like this were already calculated in to our roadmap for meeting CO2 reduction targets, it just becomes blatantly obvious to all that we're not going to make any major changes until it's way too late.

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