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Letter on carbon: Meet America’s first CCS major
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Carbon capture China Coal Steel Sinopec Petrochina
Shi Weijun
Shanghai
26 September 2022
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CCUS gains traction in China after slow start

Country’s largest energy and industrial companies take the lead in early development ahead of wider deployment of technology

Carbon capture, utilisation and storage (CCUS) is picking up momentum in China with the support of more climate-focused policies and guidance from the central government since President Xi Jinping made his carbon peaking and carbon-neutrality pledges two years ago. The sharper focus on CCUS was underlined by its inclusion last year in China’s five-year plan for the first time, with calls for more demonstration projects that analysts say should lay a solid foundation for development. China aims to peak CO₂ emissions before 2030 and achieve carbon-neutrality before 2060, Xi announced in September 2020. The country’s energy and industrial heavyweights are leading the early development of CCUS a

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Letter on carbon: Meet America’s first CCS major
Opinion
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
CCS costs surge as trade war rattles developers
13 May 2025
Volatile tariffs add new risks for a sector already struggling to achieve economies of scale
US renewables receive unfair advantage
30 April 2025
State administrations are using a flawed metric to justify green energy projects
Letter on hydrogen: Electric shock
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids

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