In The Hague this week, Australia worked hard to minimise the legal liability of major emitters and fossil fuel exporters for their contribution to climate change.
Chevron's CO2 injection on Barrow Island for the Gorgon LNG project is WA's only carbon capture and storage project. It is the world's largest CCS project dedicted to burying greenhouse gases, not increasing oil production.
Australian LNG producers are under pressure on emissions and decommissioning, and Santos wants to tackle both problems in one swoop at Bayu Undan, but it needs everyone to play along.
On July 18 Chevron will be millions of tonnes short of required CO2 injection at Gorgon LNG. If the WA Government stands firm the carbon credit bill could approach $100 million.
Chevron's Gorgon should be a showpiece of carbon capture and storage but five years after first LNG it is still not working properly and has another five-month extension from the regulator.
Shell, Exxon and Chevron are big players in Australian oil and gas and being forced to decarbonise sooner will affect their local operations, with a possible king hit to Prelude.
In this week's budget the Morrison Government ignored clean energy and instead took a long-odds bet that carbon capture and storage will allow fossil fuels to carry on untouched by climate concerns.
If CO2 from Yara's Pilbara ammonia plant is buried WA could ship a clean fuel to displace coal in JERA's Japanese power stations, but underground carbon storage has its doubters.
Santos and ENI are looking for solutions for CO2 and removing old facilities in the waters north of Darwin. Time will tell if the problems are solved or just delayed.
The cost of storing CO2 produced when hydrogen is made from coal or gas will likely make blue hydrogen uncompetitive against green hydrogen made with renewable electricity, ANU scientists conclude.
Ichthys LNG is giving Inpex and Australia a huge carbon pollution problem that is likely to grow as the Japanese company looks to troublesome carbon capture and storage to limit the environmental and financial damage.
Gorgon LNG's carbon emissions will jump by more than one million tonnes a year until Chevron fixes an underground pressure management problem that caused WA's safety regulator to curtail CO2 injection by two-thirds.
A year after Inpex rejected carbon capture and storage at Ichthys LNG as unaffordable it is an essential element in its new drive to slash emissions by 2030.
The WA safety regulator has told Chevron to turn down Australia's $3.1 billion showpiece Gorgon LNG carbon capture and storage system until problems are fixed, meaning carbon emissions will rise.
