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1.4.8 Do We Need to Sacrifice Financially to Assure Environmental Sustainability?

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For the longest time, the guiding principle of environmental sustainability has been that it must come with a cost. Often an environmentally sustainable project is considered to be untenable with the absence of public funding. In fact, this notion is so prevalent that the recent global warming hysteria has been driven by calls for a universal carbon tax, the cornerstone of the Paris Agreement, which in turn is a euphemism for globalization of the ‘money for environment’ mantra (Khan and Islam, 2019). Chapter 8 debunks this perception and presents an array of technological options in both EOR and EGR (Enhanced Gas Recovery) that are inherently sustainable as well as the least cost intensive.

Economically and Environmentally Sustainable Enhanced Oil Recovery

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