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Stock impact report

Ethan Novek wants to clean up fossil fuels [CNN]

Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B) 
US:NYSE Investor Relations: shell.com/investors.html
Company Research Source: CNN
Ethan Novek wants to capture carbon and clean up fossil fuels (CNN) "You can't achieve the Paris accord values unless you have some form of carbon capture," says Ethan Novek. The 19-year-old founder of Innovator Energy is keen to stress the urgency of the problem. The majority of energy is still sourced by burning fossil fuels, releasing CO2 into the atmosphere. Continuing to do so at current rates will make it impossible to limit global temperature rise to 1.5 degrees Celsius above pre-industrial levels. That is, unless the act of burning fossil fuels can be cleaned up -- and Novek is in the business of making that happen. An age-old problem Carbon capture is not a new idea. One method, oxy-combustion , was pioneered in the late 19th century, while another, using chemical absorption, was patented in the 1930s. "These key technology elements have a very long history at a very substantial industrial scale," explains Niall Mac Dowell, senior lecturer at the Centre for Environmental P Show less Read more
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