CNPC uses CO₂ to boost oil output
Multiple challenges hinder China CCUS expansion
Greater collaboration with international developers could spur sector’s growth as it grapples with high costs and lack of effective business models, report says
Greater international cooperation would benefit the development of CCUS in China, which faces multiple challenges in building integrated projects on a commercial scale, according to a report by the EU-China Energy Cooperation Platform. High CO₂ abatement costs, a lack of effective business models, insufficient incentives and regulatory measures, and difficulties in matching carbon sources with sinks are among the factors hindering the sector’s progress in China, said speakers at the report’s launch in Beijing. CCUS is one of the most promising areas for international cooperation, allowing companies and organisations to shoulder risks and costs together and enabling better coordination to del
Also in this section
12 March 2026
Role of world’s largest carbon cap-and-trade market under scrutiny as war in Iran threatens to drive EU energy costs to unsustainable levels
10 March 2026
Europe urgently needs to bring more projects to FID, as CCS investors warn they might divert capital to faster-growing regions
9 January 2026
A shift in perspective is needed on the carbon challenge, the success of which will determine the speed and extent of emissions cuts and how industries adapt to the new environment
2 January 2026
This year may be a defining one for carbon capture, utilisation and storage in the US, despite the institutional uncertainty
