I posted this when I saw this on another community:
This is honestly probably more of a transition jobs program for oil workers and something designed to get a few extra votes in Congress. One of the projects is in my state (Louisiana) and the politicians all stressed how it’s creating jobs in the oil producing Southwest part of the state. And the other project is in East Texas. The companies even pinky swore that at least 10% of their workforce would be former oil workers.
In the end, I see this a low risk, high reward experiment that, while obviously used for greenwashing, also builds support for a green economy in places where oil jobs are the middle class ones.
I also could see this being a way to create specialized carbon-based fuels after the transition. Hopefully, it gets cheaper than drilling and can supply whatever “fossil” fuels are still around. (The world’s militaries probably aren’t gonna switch to green hydrogen and renewables by 2040.)
I posted this when I saw this on another community:
In the end, I see this a low risk, high reward experiment that, while obviously used for greenwashing, also builds support for a green economy in places where oil jobs are the middle class ones.
I also could see this being a way to create specialized carbon-based fuels after the transition. Hopefully, it gets cheaper than drilling and can supply whatever “fossil” fuels are still around. (The world’s militaries probably aren’t gonna switch to green hydrogen and renewables by 2040.)