Climate Talks > COP28: Global CCS reliance to cost $1 trillion per year -report

COP28: Global CCS reliance to cost $1 trillion per year -report

Published 16:33 on December 4, 2023  /  Last updated at 16:47 on December 4, 2023  / Emanuela Barbiroglio /  Climate Talks, International

Heavy dependence on carbon capture and storage (CCS) would be “hugely economically damaging”, costing nations globally around $1 trillion per year compared to an approach more strongly focused on renewable energy, a new report has found.
Heavy dependence on carbon capture and storage (CCS) would be “hugely economically damaging”, costing nations globally around $1 trillion per year compared to an approach more strongly focused on renewable energy, a new report has found.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.