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ARTICLE · 19 MAY 2023

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Carbon Capture And Storage In Nigeria

As the world grapples with the realities of climate change, countries across the globe continue to formulate legislation geared towards regulating activities that have negative impacts on the environment...

NigeriaEnergy and Natural Resources

As the world grapples with the realities of climate change, countries across the globe continue to formulate legislation geared towards regulating activities that have negative impacts on the environment on the back of their respective commitments under the Paris Agreement and COP27. Governments are also aggressively encouraging private sector investments in technology that can harness non-fossil energy sources in line with their aspirations to make a full switch to net-zero carbon emitting energy sources and carbon neutral fuels by the middle of the 21st century.

Apart from switching fuels, Carbon Capture and Storage (CCS) is another frontline strategy being considered to accelerate the reduction of the CO2 levels in the atmosphere. According to the European Commission, "introducing CCS may delay the need to reduce levels of fossil fuel use by at least half a century." Thus, the optimal approach to combating climate change is the adoption of both approaches - a

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