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OIL & GAS

Santos backs CCS pivot as Wilkes warns success hinges on 'who's willing to pay'

Investor pressure and rising offshore costs deepen split in Australia's carbon capture ambitions

Rueben Hale
"Which governments are prepared to pitch in, which large emitters are willing to pay, and where those emitters are located — those are the real variables that will decide CCS success."

"Which governments are prepared to pitch in, which large emitters are willing to pay, and where those emitters are located — those are the real variables that will decide CCS success." | Credits: RISC

Carbon capture and storage (CCS) won't succeed on technical merit alone — it will come down to "who's willing to pay," says RISC Advisory managing director Martin Wilkes, as Australia's top oil and gas...

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