re: LA's own U.S. Rep. Clay Higgins weighs in on Carbon Capture/Carbon Sequestration Industry

I just got out of a long-arse meeting about CCS/CS/WhateverthefrickHigginswantstocallit due to some property we own which will be impacted (pore space in the 5-year plume).

The real driver in this isn't the jelly or what have you, it's politics. Places like some Asian and European countries, places like California... they have developed -or are developing- legislation designed around the "carbon credits" bullshite.

The important phrase to remember here is: carbon intensity. These governments/regulators/laws/whatevs are looking for carbon offsets (from sequestration) to consider a product "carbon neutral" or "carbon negative" (meaning the amount of carbon used to produce is equal to or less than the offset). Companies not meeting the intensity threshold then pay a higher tariff//fee for trade with those countries. These are known as CBAMs (Carbon Border Adjustment Mechanisms) and are used to balance international trade from countries with fewer carbon restrictions (looking at you, China) with domestic trade (and, let's face it, other countries with similar standards).

Corporations play this as "being good stewards of the Earth" and other granola-soy, hippy-dippy feel-good rhetoric, but the real reason is politics (which could also be stated as their profit motive).

As long as atmospheric CO2 is being considered the "Great Evil" by climate alarmists, the legislative trend will continue (a good example is California's limited form of adjustments on imported electricity, from their cap-and-trade legislation). And that doesn't look to change any time soon.

Any other language trying to dress it up beyond that is ignorance or industry bullshite.