CVX - Carbon Capture And Storage: A Multi-Trillion Dollar Industry In The Making
Framing the Problem & Market Sizing Estimate
Combustion of fossil fuels has, by in large, resulted in a massive increase in quality of life for humankind. The turn to fossil carbon began in 16th century Great Britain, when a dearth of wood led the country to begin using coal for heating purposes. As countries industrialized during the industrial revolution, demand for coal grew, as it powered steel production, steam engines, and the heating needs of a growing global populace. Since then, exploitation of fossil carbon has expanded to include natural gas and oil, which, in