CCUS market hindered by weak global economy, incentives needed -report

Published 17:56 on August 26, 2024  /  Last updated at 17:56 on August 26, 2024  / Emanuela Barbiroglio /  International

The current global economic situation is hindering the deployment of carbon capture utilisation and storage (CCUS), which currently represents less than 5% of its global capacity, according to a report calling for stronger incentives towards supporting the technology.
The current global economic situation is hindering the deployment of carbon capture utilisation and storage (CCUS), which currently represents less than 5% of its global capacity, according to a report calling for stronger incentives towards supporting the technology.


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.