Denver-based BKV is pioneering an initiative to produce “guilt-free” natural gas by promising to bury millions of tons of carbon dioxide by the 2030s, aiming to offset all emissions from the production and consumption of its gas. This ambitious plan is part of a broader industry move towards carbon capture and storage (CCS) as a means to address climate change without discontinuing fossil fuel usage. However, BKV faces financial and operational challenges, including a significant investment requirement potentially reaching up to a billion dollars and reliance on future government subsidies and higher gas prices. Critics of CCS argue it’s an expensive and ineffective solution that permits continued fossil fuel production. BKV’s efforts represent a critical test of the feasibility and effectiveness of CCS in significantly reducing the carbon footprint of the natural gas sector.

https://www.wsj.com/us-news/climate-environment/a-fracker-tries-to-produce-guilt-free-gas-adb831e6