"Companies Capture A Lot Of CO2. Most Of It Is Going Into New Oil."

"Every year, companies around the United States capture around 18 million metric tons of carbon dioxide from natural gas processing plants, oil refineries and power plants. As long as that CO2 — equivalent to around 4 million cars on the road for a year — is buried somewhere deep underground, it can’t contribute to global warming.

That’s the theory, anyway. But today, the lion’s share of the CO2 captured from industrial processes doesn’t go back into the ground. Instead, 60 percent of it is used to extract more oil, in a controversial process known as “enhanced oil recovery.”

“I think it’s a huge problem,” said Lorne Stockman, research co-director of the advocacy group Oil Change International. “The oil and gas industry has done a very good job of co-opting our climate and clean energy policy.”"

Shannon Osaka reports for the Washington Post October 25, 2023.

Source: Washington Post, 10/26/2023