Tag Archives: Maersk

Scotland could use the oil price crash to kick-start CCS

Offshore oil platform, North ScotlandThis post first appeared on Guardian Sustainable Business.

Such was the shock of the oil price’s precipitous decline in recent months that tongues were set swiftly wagging about what the explanation could be. Killing off electric vehicles, US shale producers, or Iran’s and Russia’s economies, were all put forward as the real reason behind OPEC’s public explanation that keeping the taps open and so depressing prices is about protecting market share. Read more