Representing one-fifth of total global CO2 emissions currently, industrial sectors such as cement, iron and steel, chemicals and refining are expected to emit even more CO2 over the coming decades. Carbon capture and storage (CCS) is currently the only large-scale mitigation option available to cut the emissions intensity of production by over 50 per cent in these sectors. To achieve decarbonisation goals, policymakers must pay more attention to industrial applications of CCS, while not undermining the global competitiveness of these sectors. This report gives an overview of the current status of CCS in industry and opportunities for the future.

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Carbon capture and storage