Carbon Capture and Storage (CCS)
Carbon capture and storage (CCS) is an important climate change solution, but its widespread use has sparked significant ‘moral hazard’ debates internationally.
Critics argue that this technology may prompt the fossil fuel industry to maintain operations, weakening the motivation to cut carbon emissions.
The main focus of ethical concerns is ‘Responsibility and Equity’. The question arises: Who should bear the costs of installing and operating this expensive technology?
Ethics suggests that those who have gained the most from fossil fuels and caused the highest carbon emissions should pay the costs.
The long-term monitoring of underground carbon storage sites and the risk of leakage is viewed as a form of intergenerational injustice for future generations. This debate highlights the conflict between technological solutions and fundamental policy changes.
