Dramatic reductions in the cost of renewables over the last 10 years mean that carbon capture is likely to play a relatively small role in the power sector. But achieving net-zero emissions in the harder-to-abate industrial sectors would probably be impossible – and certainly more expensive – without a role for carbon capture and storage or use. The ETC estimates that 7-10 Gt of Carbon Capture Utilisation & Storage (CCUS) per year will be needed by mid-century – by contrast with the 40 Mt existing today. How can capture installations, transport and storage infrastructure be built at scale and pace to meet mid-century targets?
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