Chevron could be forced to pay $100m for failure to capture carbon emissions

The Guardian | Jun 3, 2020 at 7:30 PM
  • Oil and gas company Chevron could be required to pay for offsets worth more than $100m for carbon dioxide emissions released at a delayed carbon capture and storage (CCS) project in northern Western Australia, an analysis suggests.
  • Stephen Dawson, the WA environment minister, backed a recommendation by the state Environment Protection Authority that Chevron must capture and inject underground at least 80% of carbon dioxide emissions released from a gas reservoir at the site over a five-year period starting on 18 July 2016, when it first shipped LNG from the site.
  • Chevron estimates the $2.5bn CCS project will reduce total emissions from the Gorgon development, including both CO2 from reservoirs and pollution released into the atmosphere during LNG processing, by about 40%.