Oil and gas prices continue to rise, heading higher today. Meanwhile, The White House said over the weekend they want to ramp up renewable energy sources – but how will this alleviate the price of oil? It wont, and there is a better option. 

Using carbon capture and storage (CCS) technology, countries can increase oil and gas production WHILE lowering their emissions and reaching NetZero targets. They can ramp up oil production in the short term, while bringing prices and emissions down, and buying time for renewables to become more stable and market ready. 

Oil & Gas veteran Craig Golinowski, who now invests solely in CCS technology and infrastructure as it provides a sustainable way to reduce GHG and meet NetZero targets – while not turning our back on needed fossil fuels —  believes that the price of oil/barrel will continue to go up until a solution is found. 

While geopolitical events are not always avoidable, the poor central planning and a misunderstanding of the energy needs of 7.7bn people has been a massive unforced error that many will now pay dearly for. 

“We need to rethink the energy transformation and include all parts of the tool kit with CCS as an essential part of the puzzle,” said Craig Golinowski of Carbon Infrastructure Partners. 

About Carbon Infrastructure Partners

Carbon Infrastructure Partners (CIP) is an alternative investment firm that invests in, and champions unlocking capital across, the entire carbon lifecycle, from hydrocarbon-based energy production through to carbon capture and storage (CCS). With offices and partners in Palo Alto, Phoenix, and Calgary, CIP is the evolution of a team from JOG Capital that produced a 14-year track record managing more than $1.3 billion in energy investments. Visit us at https://carboninfrastructurepartners.com/

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