About carbon emissions, storage and conversion through comprehensive national strategy
- Jan 20, 2021
- Gulf Times
• Carbon is the next transition and danger in classifying countries under the guise of climate change
• The State of Qatar responds to climate change and the presence of a neutral and independent party to manage the national carbon strategy in the country
• An innovation centre to support the application of sustainable energy technologies, to commercialise them and adopt them in Qatar
The new US administration’s plans for renewable energy and the production of oil and shale gas are not different from the previous policy of the Democrats in terms of moderation in the oil and gas industry.
The shale oil and gas industry will suffer greatly in terms of production and a historical era of global imperialism will be formed under the guise of climate change.
Classifying countries around the world, and rewarding or punishing them, based on purely environmental criteria related to the carbon emissions are to be followed and applied.
In short, countries will be ranked according to "carbon emissions," and global trade, subsidies, loans, economic sanctions and foreign trade restrictions may be linked on this basis.
President Joe Biden announced, a few months ago, his energy and climate change policies. These policies are nothing new from the Democrats ’point of view.
In terms of oil, Biden announced that he would prevent hydrocracking in federal lands with new projects.
The impact of these policies is limited, because most of the shale basins, such as the Permian field in West Texas and the Eagle Ford in South Texas and Woodford in Oklahoma, are privately owned.
Biden’s plans regarding renewable energy and electric cars are no different from any moderate Democrat, which is to support renewable energy and electric cars and cooperate with other countries to reduce carbon emissions and more.
We must remember that the shale revolution occurred during the Obama-Biden administration, which was the administration that allowed, after 40 years of ban, domestically produced oil.
Talking about this topic is debatable! The focus of my article today is about carbon emissions, their storage and their conversion through a comprehensive national strategy into value addition. Foreign companies in the energy, oil and gas sector in Qatar and the private sector are strategic partners in this field.
Renewable energy will not affect conventional oil consumption in all cases, because renewable energy is used to generate electricity, and the percentage of electricity generated from oil is very small and almost negligible, but it may affect gas consumption in the long run.
US climate policies will be an integral part of the new US Administration’s policy, and that is intended to return America to the international climate alliances from which Trump and the Republicans withdrew, and to make bilateral alliances that include strict climate policies.
The Democratic Party made climate policies a part of foreign policy. Historically, foreign policy required ignoring energy policies or environmental policies in many cases, due to the contradiction between them.
Now fear that environmental policy requirements will become stronger than other requirements, and then politics prevail environmental in the future US foreign policy.
Therefore, I am not surprised that countries are classified "environmentally", and that the US foreign policy is based on this classification.
The strategy will be to generate energy locally from renewable energy, so that the era of privatising energy sources will require factories to rely completely on electricity generated from renewable energy, so we find an exaggerated dependence on green hydrogen, and then reduce the import of energy from anywhere else.
In sum, the Democrats ’victory in the recent polls will ensure global stability for oil and gas prices.
Although the process of capturing carbon dioxide and converting it into useful compounds is still in its infancy, researchers envision that the coming decades will turn this dream into reality through electrical stimulation (stimulating chemical reactions through electricity), and its first results will appear between five to 10 years, according to a study.
This technology has the potential to replace many fossil fuels and chemical raw materials with alternative renewable energy. The goal is to capture carbon dioxide gas from iron and cement factories, gas liquefaction plants, refineries, petrochemical complexes, chemical fertilisers or power plants, and convert its emissions into fuel or raw material using renewable energy.
For this reason, our strategy must be clear and comprehensive in the petroleum sector - it must involve not only capture and storage, but also transfer, so that the project is comprehensive, objective and based on an environmental and economic vision.
The existence of a specialised centre that deals with research and programs and focuses on developing clean and sustainable energy technologies supports Qatar Vision 2030 in achieving the goals of achieving clean energy.
Also, the creation of a development company based on commercializing solutions to reduce emissions, and clean development mechanism solutions provided for in the Paris Protocol, and taking into account the establishment of a special economic zone through free zones to host institutions investing in renewable energy technology by inviting all strategic partners in the oil, gas, energy and private sector to join this initiative, and we have the largest energy companies in the world in the world, and elite institutions such as: Exxon Mobil, Shell, Occidental Petroleum, Total Exploration, General Electric, Mitsubishi, Mitsui and others.
With the help of these companies in the oil and gas sector, we will be able to devise a technology that captures the largest possible amount of carbon dioxide and turns it into a product of great net worth. The goal is to manufacture polymers, or fuels to replace gasoline, or industrial chemicals, not just store it.
It is by the grace of God that that we will have the ability to negotiate strongly on future environmental policies, and we have the natural and financial resources to achieve this strategy.
*Saad Abdulla al-Kuwari is an expert in oil and gas and is exploring the future of energy.