Talos Energy (TALO): Good news for CCS - Mar 6
Posted: Mon Mar 06, 2023 8:59 am
Talos Energy (TALO) is ramping up their Carbon Capture & Sequestration (CCS) business. At this point there is nothing in my current valuation of the stock for this new source of revenue, but it is promising.
From Raymond James: Renewable Energy and Clean Technology
Energy Stat: Trying to Lower Emissions? Instead of Talking About Gas Stoves, Let's Capture More Than 0.1% of CO2
READ MORE: https://raymondjames.bluematrix.com/links2/html/530d9c30-96fa-46f9-b130-27e3365f52a7
The past 12 months have seen the world’s key energy commodities at all-time highs or at least within striking distance. While carbon pricing rarely gets the same level of attention, especially outside the European Union, it too has been at or near record levels throughout the past year. This ostensibly provides an optimal backdrop for accelerating adoption of carbon capture and sequestration (CCS), and indeed it may materialize over time, but as things stand, CCS remains a niche, erasing a mere 0.1% of global CO2 emissions.
This is our annual report on CCS around the world. In addition to a high-level update on the role that CCS is playing in sustainability, we will discuss the key technology aspects of CCS: the front end (capture) and the back end (sequestration). It remains the case that there are very few public plays in this space. More so than practically anything else in clean tech, CCS innovation is led by startups, many of them backed by big-name strategics, and some of which will surely enter the public realm over time. We have a list of 26 CCS companies as part of our database of 640-plus private companies in every vertical of clean tech… let us know if you would like a copy.
From Raymond James: Renewable Energy and Clean Technology
Energy Stat: Trying to Lower Emissions? Instead of Talking About Gas Stoves, Let's Capture More Than 0.1% of CO2
READ MORE: https://raymondjames.bluematrix.com/links2/html/530d9c30-96fa-46f9-b130-27e3365f52a7
The past 12 months have seen the world’s key energy commodities at all-time highs or at least within striking distance. While carbon pricing rarely gets the same level of attention, especially outside the European Union, it too has been at or near record levels throughout the past year. This ostensibly provides an optimal backdrop for accelerating adoption of carbon capture and sequestration (CCS), and indeed it may materialize over time, but as things stand, CCS remains a niche, erasing a mere 0.1% of global CO2 emissions.
This is our annual report on CCS around the world. In addition to a high-level update on the role that CCS is playing in sustainability, we will discuss the key technology aspects of CCS: the front end (capture) and the back end (sequestration). It remains the case that there are very few public plays in this space. More so than practically anything else in clean tech, CCS innovation is led by startups, many of them backed by big-name strategics, and some of which will surely enter the public realm over time. We have a list of 26 CCS companies as part of our database of 640-plus private companies in every vertical of clean tech… let us know if you would like a copy.