New Technologies

Carbon Capture and Usage: Vital But Limited Role

Copyright © 2022 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Carbon Capture: Pipe Dream

Carbon capture, utilization and storage's (CCUS) role in a net-zero world is to remain "limited," the Energy Transition Commission (ETC), an international think tank, argues in a new report. But limited does not, by any means, signify tiny. Indeed, the ETC found that CCUS should reach 7 billion-10 billion tons of carbon dioxide per year by 2050 for global warming to keep a good chance of staying near 1.5°C. This is more or less the current physical size of the oil and gas industry, which in 2021 has been handling 4.2 billion tons of oil and 3.4 billion tons of gas. The report considers direct air capture (DAC) and bioenergy with carbon capture and storage (BECCS) as subcategories of CCUS.

Carbon Capture (CCS), Nature-Based Solutions, CO2 Emissions
Wanda Ad #2 (article footer)
Staying resolute on the energy transition — rather than sputtering in the midst of overlapping global crises — has been the prevailing theme at Climate Week in New York.
Wed, Sep 21, 2022
China's approval of 10 reactor newbuilds so far this year is the highest count in a single year since 2008, as Beijing seeks to accelerate nuclear development to attain energy security and decarbonization goals.
Fri, Sep 23, 2022
US SAF producers are designing their projects to maximize carbon savings and achieve the full benefit of the blender's tax credit in new legislation.
Fri, Sep 23, 2022