India needs CCS ramp-up to reach net zero
Thinktank Niti Aayog says nation needs to capture and store 750mn t/yr of CO₂ to hit 2070 target
India will need to capture and store 750mn t/yr of CO₂ to reach its goal of being net zero by 2070, according to a report from thinktank Niti Aayog. India has committed to reducing CO₂ emissions by 50pc by the year 2050 and reaching net zero by 2070. The report predicts that at least 30pc of the emissions reductions required to meet these targets should be achieved via carbon capture, utilisation and storage projects. “India will be dependent on fossil energy sources like coal for a long time to support the industry and meet the requirements for affordable and reliable baseload power,” says the report, titled A Carbon Capture, Utilisation and Storage (CCUS) Policy Framework and its Deploymen
Also in this section
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Agreements on how to operationalise both Article 6.2 and 6.4 will mean countries can start to trade emissions reductions as part of their contributions to the Paris Agreement
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project