CCUS gains momentum in ‘subsidy arms race’

The carbon capture, utilisation and storage industry is set to reap the benefits of a policymaking movement that began in the US and is spreading across the world.

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In the global drive towards net zero, carbon capture, utilisation and storage (CCUS) is a crucial piece of the puzzle. While carbon-emitting technologies and activities are being replaced with cleaner ones, CCUS can help to decarbonise those energy-intensive sectors that still rely on fossil fuels, namely chemicals, cement and steelmaking.