I am definitely not an apologist for the Petroleum Industry. This is mainly because there is really nothing to apologize for. For the large majority of the 20th and to date in the 21st Century, they provided valuable products to our society, and these products enabled a better quality-of-life among the industrialized world’s citizens. When climate change was discovered in the latter half of the 20th Century, they argued strongly against it, which is exactly what any other large industry would in a capitalistic society do, when faced with a threat.
However, climate change is real, and it poses an existential threat to the world if we don’t deal with it effectively. Major petroleum corporations have realized this, and many are attempting to provide solutions. This paper is about that, and also a major solution that they invented, that could well strongly mitigate our climate change crisis by pulling the primary long-lived greenhouse gas (carbon dioxide) out of the atmosphere and sequestering it for many Millenia.
Like in the first “The Second Steps…” paper this one has a protagonist. It is also taken from the same book, referenced in this post.
