Strategic planning is needed now if carbon dioxide storage is to play a major role for decarbonising crucial industries and the developing world.
An urgent increase in policy support and investment would be needed for carbon capture and storage (CCS) to achieve the scale needed to meet global decarbonisation goals, according to University of Queensland and Princeton University researchers.
The study’s lead author, Dr Joe Lane, said CCS was regarded as a key technology for reducing energy and industrial sector emissions and for achieving negative emissions when coupled with bioenergy or direct air capture of carbon dioxide.
“Most scenarios for deep decarbonization of the global economy rely on massive scale CCS to be compliant with the Paris Agreement - which means between three and 20 gigatonnes of CO2 per year being captured and stored, world-wide by 2050,” Dr Lane said.
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