Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Related Articles
Brazil eyes leadership role in global carbon market
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30
Greater Mekong taps carbon market growth
Supportive government policy, deforestation threat and economic opportunity drive forward the region’s monetisation of forest carbon
Shipping GHG deal ‘a framework to build upon’
Agreement on a two-tier emissions trading scheme does not go far enough to meet IMO GHG reduction targets, say observers
Letter from Saudi Arabia: Oil and the materials transition
As the global economy grows, demand for materials is expected to increase. The way materials are made could incorporate new technologies in the future to ensure economic growth is more sustainable
Powering MENA’s digital future: AI datacentres and the case for SMRs
AI is powering the Middle East & North Africa’s digital transformation, but can the region meet soaring energy demand sustainably? Small modular reactors may hold the key
Shipping sector eyes carbon trading mechanism
Crucial talks at the IMO focus on a two-tier emissions trading scheme combined with a marine fuel standard
ADNOC diversifies its decarb strategy
The UAE’s oil and gas company puts its faith in technologies including CCS and AI to deliver its emission-reduction goals
Outlook 2025: The role of biofuels in global renewable energy investments
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector
Outlook 2025: The energy transition and the Southern Cone
The region has ample resources of both gas and renewable energy and developing both will be vital to the global effort to reduce emissions
Outlook 2025: Southeast Asia – defining a new narrative for net zero
The region’s fast-growing economies stand at a pivotal juncture, with the opportunity to drive a sustainable growth strategy that will keep the world’s net-zero ambitions alive
The G7 will cooperate on CO₂ imports and exports
Decarbonisation Trading
Stuart Penson
18 April 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Governments aim to unleash cross-border CO₂ trade

Growth of carbon removal and capture sectors creates need for functioning international market linking emitters and storage providers

Governments are stepping up efforts to enable cross-border trade in CO₂ amid growing recognition that international carbon capture, removal and storage projects will play a key role in attempts to reach net zero. Large-scale storage projects in particular will need to take CO₂ from multiple emitters across international boundaries to become viable. Climate, energy and environment ministers from the G7 pledged in mid-April to work together to promote the “development of export/import mechanisms for CO₂” as part of an evolving carbon management strategy based around CCS and carbon dioxide removal (CDR) technologies, including direct air capture (Daccs) and bioenergy with CCS (Beccs). “Au

Also in this section
China eyes global collaboration on CCUS
22 July 2025
Sinopec hosts launch of global sharing platform as Beijing looks to draw on international investors and expertise
Nigeria bids to unlock carbon market billions
22 July 2025
Africa’s most populous nation puts cap-and-trade and voluntary markets at the centre of its emerging strategy to achieve net zero by 2060
EU’s binding CCS targets: A burden or a blessing?
17 July 2025
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
Brazil eyes leadership role in global carbon market
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search