International think tank the Global CCS Institute has added 10 carbon capture and storage (CCS) facilities to its global database, bringing the total number of CCS facilities in various stages of development to 59.
There are now 21 facilities in operation, three under construction, and 35 in various stages of development, with a capture capacity of more than 127 million tonnes per annum (mtpa).
“Our recent CO2RE Database update shows that despite the current Covid-19 crisis we are observing a significant increase in CCS facilities in the pipeline which demonstrates continued progress towards meeting climate targets, and will also result in significant job creation and economic growth,” said Global CCS Institute CEO Brad Page.
In a recent flagship report on the value of CCS, the Global CCS Institute found that CCS deployment in line with the Paris Agreement and energy-related Sustainable Development Goals could create some 100,000 jobs in the industry by 2050.
... to continue reading you must be subscribed
