PE Live: CCS to turn from cost to opportunity for gas producers

The gas industry must build on incentives such as the US’ 45Q tax break to develop the technology vital to its future within the energy transition

Carbon capture and storage (CCS)—and its close relative CCUS, including utilisation—have a key role to play in further lowering the carbon footprint of gas and ensuring its ongoing role in the journey to net zero, speakers at the PE Live webcast, 'The role of natural gas in the energy transition', in late May agreed. “One bright opportunity for natural gas producers is in CCUS,” says Aaron Strassner, director in the global energy group at bank UBS. “Natural gas has a carbon problem, and it has a capital problem. “What was once a cost centre only has turned into a profit opportunity” Strassner, UBS “CCUS and 45Q offers companies access to new investment from investors focused on green