Net zero demands huge carbon-capture investment – IEA
Project pipeline implies only a quarter of capacity needed by 2030, IEA says
Investment in carbon-capture technology is growing, but the pipeline of proposed projects would need to quadruple to meet 2030 the levels set out in the IEA’s main net-zero emissions (NZE) scenario. The existing slate of projects, some of which will not materialise, implies capture capacity of c.0.3Gt/yr by 2030, way short of the 1.2Gt/yr set out in the NZE scenario. “Carbon-management technologies are an important strategic tool in strong mitigation scenarios but by no means a silver bullet,” the IEA said in mid-April in a report titled Credible Pathways to 1.5°C. “The scale of deployment required in the NZE scenario is huge, equivalent to ten new CCUS‐equipped facilities commissioned each

Also in this section
8 April 2025
STRATOS project in Texas granted Class IV permits despite deep uncertainty over Trump administration’s readiness to support carbon management tech
8 April 2025
Gulf Energy to provide AIQ with exclusive access to its proprietary datasets and industry-leading documents. ENERGYai is already trained on petabytes of operational data from ADNOC, and this agreement will provide the solution with access to even greater quantities of relevant, high-quality industry information
4 April 2025
Crucial talks at the IMO focus on a two-tier emissions trading scheme combined with a marine fuel standard
28 March 2025
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS