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Technological Power as a Strategic Dilemma: CO_2 Capture and Storage in the International Oil and Gas Industry

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  • Andreas Tjernshaugen

    (Andreas Tjernshaugen, PhD, is currently Head of Communication at the Norwegian Biotechnology Advisory Board. Until recently, he was a Research Director at CICERO, the Center for Climate and Environmental Research, Oslo. He has authored several publications on the politics of CO_2 Capture and Storage, including “The Growth of Political Support for CO_2 Capture and Storage in Norway” (Environmental Politics, 2011) and a book (in Norwegian) on the controversy over CO_2 emissions from gas-fired power generation in Norway. He has also studied the political strategies of environmental NGOs, as well as US climate policy.)

Abstract

This article offers a comparative analysis of the emergence of CO_2 capture and storage (CCS) activities and strategies in three multinational oil and gas companies. Exxon/ExxonMobil was first to make plans for a major, pioneering CCS project, but later pursued a relatively cautious strategy. In contrast, BP showed little interest in CCS up until 1997, but from that point on developed a particularly ambitious strategy. Statoil, meanwhile, has been relatively strongly involved in CCS activities for a long time. An explanatory framework with potential for wider application is developed, highlighting how the overall compatibility of CCS with oil and gas industry characteristics created a strategic dilemma for the companies. In explaining their responses, the article emphasizes the process towards institutionalization of CCS as a widely recognized mitigation option, and the three companies' different climate change strategies. © 2012 by the Massachusetts Institute of Technology.

Suggested Citation

  • Andreas Tjernshaugen, 2012. "Technological Power as a Strategic Dilemma: CO_2 Capture and Storage in the International Oil and Gas Industry," Global Environmental Politics, MIT Press, vol. 12(1), pages 8-29, February.
    • Handle: RePEc:tpr:glenvp:v:12:y:2012:i:1:p:8-29
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