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
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