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Carbon Capture and Usage: Vital But Limited Role

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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.

Topics:
Carbon Capture (CCS), Nature-Based Solutions, CO2 Emissions
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