Is Carbon Capture Big Oil’s Next Pay Day? | ZeroHedge

Authored by Craig B. Smith & William D. Fletcher via RealClearEnergy,

THE PROPOSAL

Carbon capture and storage — the concept of sucking carbon dioxide (CO2) from the atmosphere and storing it underground — is being considered as a way to reduce greenhouse gases. It’s been suggested that such technology is a way to buy time while the world transitions away from fossil fuels to renewable energy. It’s discussed as a possible way to stall global warming.

There is (more…)

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Value Of Norway’s Oil Fund Soars To New High Of $1.7 Trillion | ZeroHedge

By Charles Kennedy of OilPrice.com

For the first time in its nearly three-decade history, Norway’s oil fund, the world’s largest sovereign wealth fund, has just exceeded the market value of 18 trillion Norwegian crowns, which equals $1.691 trillion as of (more…)

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Switzerland Becoming A Hub For The Nuclear Revolution | ZeroHedge

Via BFI Capital,

In the beginning of July, the Paul Scherrer Institute (PSI), Switzerland’s largest research institute for natural and engineering sciences, and Copenhagen Atomics, a Danish molten salt reactor developer, announced their large-scale experimental collaboration. The four-year agreement stands to put Europe in the pole position of the advanced nuclear technology field.

The Paul Scherrer Institute (PSI) and Copenhagen Atomics have now publicly announced their (more…)

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