OSLO (Reuters) – A sharp rise in the deployment of carbon capture, utilisation and storage (CCUS) technology is needed globally if countries are to meet net-zero emissions targets designed to slow climate change, the International Energy Agency (IEA) said on Thursday.
A growing number of countries and companies are targeting net zero carbon dioxide (CO2) emissions by around the middle of the century in the wake of the 2015 Paris climate agreement.
To reach that, the amount of CO2 captured must rocket to 800 million tonnes in 2030 from around 40 million tonnes today, the IEA, which advises industrialised nations on energy policies, said in a report.
