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IDTechEx Explores Innovation in Carbon Capture Technology

IDTechEx Explores Innovation in Carbon Capture Technology News provided by Share this article Share this article BOSTON, April 22, 2021 /PRNewswire/ Carbon capture technology may be essential for the world to stay within the 2°C warming target outlined by the Paris Agreement. Although the deployment of this technology has begun to pick up in recent years, it is still a long way from the levels of scale-up needed to have a meaningful impact on climate change. Current technology for stripping CO 2 from industrial gas streams or directly from the atmosphere remains costly and energy-intensive, and existing carbon capture facilities have struggled with downtime, keeping to CO

Carbon Capture Technology: A Long Road Ahead

Carbon capture, utilization, and storage (CCUS), or carbon capture and storage (CCS), is a set of technologies used to strip carbon dioxide from industrial waste gases or directly from the atmosphere. Once the carbon dioxide is captured, it is either stored permanently underground (carbon storage) or it is used for a range of industrial applications (carbon utilization), such as CO2-derived fuels or building materials. CCUS technologies are likely to play a key role in the fight against climate change, with the UN estimating that CCUS could mitigate between 1.5 and 6.3 gigatonnes of CO2 equivalents per year by 2050.   The world has already taken its steps along this pathway. Over the last decade, the deployment of carbon capture technology has been steadily scaling up, with global carbon capture capacity reaching 40 million tonnes in 2020. Plans for more than 30 new CCUS facilities have been announced since 2017. If all these projects proceeded, global capture capacity would tripl

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