Evolution and Major Measures

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1. Introduction 1.1. A Brief Overview of the CO2 Capture Industry Carbon capture and storage (CCS) technology has emerged as a critical component of the global strategy to mitigate climate change. CCS involves capturing CO2 emissions from industrial sources, transporting the captured CO2, and storing it safely underground to prevent it from entering the atmosphere. The industry has made significant progress over the past two decades, with numerous large-scale projects now operating around the world. There are currently over 45 commercial CO2 capture facilities worldwide, with a combined annual capture capacity of over 50 million tonnes of CO2.


This capacity is expected to increase significantly thailand b2b leads as more projects are planned and developed. 1.2. The Importance of CO2 Capture in Mitigating Climate Change CO2 capture plays a crucial role in reducing greenhouse gas emissions from sectors that are challenging to decarbonise, such as cement, steel and chemical production. These industries generate a significant proportion of global CO2 emissions through both energy use and chemical processes. Implementing CCS in these sectors can significantly reduce emissions, contributing to the global effort to keep temperature rise well below 2°C, as outlined in the Paris Agreement. Furthermore, CCS is essential to achieving negative emissions, a necessary step to offset residual emissions and achieve long-term climate goals.