😇 Is choosing Climate Tech, really choosing the « good » side? 😈 - Part I: CCUS

For debate: The multi-trillion-dollar green tsunami 🌊 seem "Good". But unfortunately the closer you look, the higher lobbying and corruption are at play. And the more its outcomes are questionable.

Note: [Honest Deep dive/Debate] This month edition is really to open up a debate. I have been holding on pressing the send button for this newsletter for more than 3 weeks. I would love to hear what you guys are thinking about this topic so feel free to comment or write me back directly over email your thoughts on the subject.

To introduce you the topic, last month, Exxon bought Denbury, the largest CO2 pipeline network in the US.

You will tell me: “Not exactly a climate tech news for your newsletter, Djoann!”, and here is the point: Yes it was… they say.

The $4.9B acquisition is the largest single government-backed carbon-management investment since the Inflation Reduction Act and is accounted as part of the carbon capture, utilization, and storage (CCUS) project support.

definition: CCUS also referred to as carbon capture, utilization and sequestration/storage, is a process that captures carbon dioxide emissions from sources like coal-fired power plants and either reuses or stores it …