World must scale up CCUS for net zero, says IEA’s Budinis
CCUS is one of the key tools for decarbonising the energy system, but governments and industry must act now to accelerate its deployment at scale
Opponents of CCUS have long argued that it protects fossil fuels at the expense of renewables, but that narrative is changing. Governments and industries now recognise the need for a portfolio approach to decarbonisation, and the deployment of CCUS at scale in the energy sector and hard-to-abate sectors is seen as critical to meeting net zero. Carbon Economist spoke to Sara Budinis, CCUS analyst at the IEA, about the challenges ahead and the role of governments and big oil and gas companies in ensuring CCUS reaches the scale needed for net zero. Sara Budinis, IEA CCUS analyst How important is CCUS to reaching net zero? Has the IEA’s vie
Also in this section
3 May 2024
Developers look to government’s forthcoming budget to restore support as industry suffers loss of momentum
1 May 2024
Abundant storage and low cost of capturing CO₂ from sharply rising gas production mean NOC’s ambitious CCUS targets look well within reach
29 April 2024
Decarbonisation push and shifting multilateral trade policy sharpens continent’s need for carbon trading
29 April 2024
Canada’s oil sands producers need policy certainty to make the multibillion-dollar investments needed to achieve net zero, Pathways Alliance president Kendall Dilling tells Carbon Economist