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Carbon Capture Costlier Than Full Switch to Renewables: Study
Researchers say the use of carbon capture tech would be much more expensive than simply making a decisive switch to renewable energy by 2050
The use of carbon capture technologies would be dramatically more expensive and harmful for the planet than simply making a decisive switch to renewable energy by 2050, researchers have concluded in a new Stanford-backed study. While the Stanford study raises damning questions on the efficacy of carbon capture, it still stands at odds with views from institutions such as the International Energy Agency (IEA) which sees the tech as an essential tool to reach net-zero emissions. Those concerns have found credence in recent months, during which fossil fuel giants such as BP have chased billions of dollars in climate subsidies, all while abandoning their transition to clean energy.
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