MIT Technology Review Narrated cover image

MIT Technology Review Narrated

The world’s on the verge of a carbon storage boom

Nov 21, 2024
A carbon storage boom is on the horizon, transforming California's oil fields as innovative projects aim to sequester carbon dioxide deep underground. This shift promises economic growth for struggling communities but raises significant environmental and safety concerns. Proponents see a chance to combat climate change, while opponents fear it might prolong the fossil fuel industry and exacerbate pollution. The podcast dives into the complexities of carbon capture technologies, exploring both their potential benefits and the risks they pose to marginalized populations.
26:02

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Quick takeaways

  • The surge in carbon capture and storage projects presents both economic opportunities for struggling regions like Kern County and significant regulatory challenges.
  • Community opposition highlights concerns that these initiatives may perpetuate fossil fuel reliance and increase environmental risks for vulnerable populations.

Deep dives

The Rise of Carbon Sequestration Projects

There is a significant increase in the development of injection wells designed for the permanent storage of carbon dioxide (CO2) deep underground. Hundreds of applications have been submitted in the U.S. for these wells, indicating a growing interest in capturing CO2 emissions from industrial sources or directly from the atmosphere. This surge is being compared to a reverse oil boom, aiming to bury more greenhouse gases than are emitted. Supporters argue that these projects could be critical for mitigating climate change if executed properly and combined with stringent regulations.

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