The Australian Petroleum Production & Exploration Association (APPEA) has recognised that the recent carbon capture and storage (CCS) report published by the Global CCS Institute demonstrates momentum behind CCS as a ‘key emission technology’.
The report, entitled 2021 Global Status of CCS, reveals a growth of almost 50% in the carbon capture capacity of CCS facilities within the past year.
Saying that the report confirms CCS is a ‘game changer’ when it comes to mitigating climate change, Andrew McConville, Chief Executive, APPEA, added, “CCS is a proven solution to reducing emissions and is making a real difference to global emissions now.”
With international climate change conference COP26 just around the corner, more industry and Government representatives are taking interest in the potential of CCS to help reach net zero emission targets.
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