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Carbon capture Net zero IEA Emissions
Tom Young
16 August 2022
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CCUS use must grow vastly to reach net zero

Analysis of scenarios by Transition Economist shows that even recent positive developments are not consistent with required deployment pathways

Carbon capture, utilisation and storage (CCUS) capacity must rise by more than even the most optimistic scenarios over the next few years if the world is to achieve the goals of the Paris Agreement, according to an analysis of various net-zero scenarios by Transition Economist. Carbon economists have long warned of a looming “emissions gap” in net-zero scenarios—the difference between how much CO₂ can realistically be mitigated from the global economy and the amount that must be achieved to hit global warming targets. Many argue this looming gap is the strongest argument for the development of CCUS.  The IEA’s Net-Zero Scenario—an emissions trajectory consistent with limiting the global temp

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Also in this section
Germany launches carbon CfD scheme
6 June 2023
Government expects to budget more than €10bn for subsidy programme in response to US IRA
ExxonMobil signs CCS deal with steelmaker Nucor
2 June 2023
Oil major sees CCS for third parties as a ‘compelling’ business as latest contract takes total portfolio to 5mn t/yr
Realistic hope should be the legacy of Cop28
Opinion
1 June 2023
The appointment of the UAE’s Sultan Ahmed al-Jaber as Cop president has drawn criticism from some quarters, but progress on the energy transition will require cooperation, not conflict
World must scale up CCUS for net zero, says IEA’s Budinis
31 May 2023
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

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