Reduction of CO2 emissions is an international issue, requiring international solutions
Carbon Capture, Use and Storage (CCUS) is the most valuable technology that exists to fight climate change. That’s the international consensus.
In the UK, the Energy Technologies Institute estimates that costs will rise by 40% or an extra 1% of GDP. The CCS Cost Reduction Taskforce calculates that significant savings can be made if investment is made into developing new capture technologies.
The International Energy Agency (IEA) predicts that gas and coal use will continue to rise. The UN estimates that without CCUS technologies the cost of meeting ambitious climate change targets will increase by 138% worldwide.