Climate Compliance is a Billion-Dollar Industry - and growing.

“Reaching net-zero will be virtually impossible without CCUS.”

– International Energy Agency (IEA)

 

Even as the world moves to adopt energy and industrial processes with fewer greenhouse gas emission streams, capture of traditional system emissions is essential. And what to do with the captured emissions leads to the necessity of converting the emissions into products or storing them away securely in the earth. After all, much of the products for a functioning society came from the earth in the first place. Putting the by-products back into the earth, what carbon capture utilization and storage (CCUS) is all about, makes enormous sense. Of course, the challenge is an economic one and society will find the most efficient way to accomplish the storage without creating a new set of risks beyond the ones of climate change we all seek.

It’s estimated that $3.5 trillion of capital investment per year will be required to achieve net-zero greenhouse emissions by 2050, and CCUS-focused technologies and other efforts to reduce emissions the world over will have a place in the race.

Altogether, the recent climate commitments and initiatives have created a highly favorable investment environment for CCUS and other efforts to reduce emissions associated with energy generation and industrial processes - and it’s just the beginning.

Global emphasis on carbon reduction positions clean air investments for exponential growth

The necessity and demand for readily available solutions to address climate change are accelerating at an unparalleled pace as the number of companies making net-zero pledges continues to grow. 

Global commitments to reduce carbon emissions and continued emphasis on environmental, social, and governance practices also signal increased demand for energy transition services, electrification, and decarbonization. Industries and technologies focused on reducing carbon dioxide and methane emissions are positioned to grow exponentially in the coming years.

 

U.S. Tax credits support increased commercialization of CCUS

Bipartisan support and the CCUS Tax Credit Amendments Act ensure CCUS 45Q and related tax credits will be utilized to their full potential to encourage commercialization and growth of CCUS, including ancillary industries for support: transportation, distribution, storage, technologies, processes, and enhanced low carbon recovery opportunities.

Furthermore, the IRS 45Q tax credit rule issued in 2021 established the regulatory and financial stipulations that, among other things, will provide a flexible approach to aggregating smaller industrial facilities into a single project to qualify for 45Q, significantly expanding opportunities for project deployment and emissions reductions in multiple industries and regions.

 

Investing in a cleaner future

Energy transition services, electrification, and decarbonization will play a critical role in the transition to net-zero by tackling emissions from existing energy assets, creating solutions for sectors where emissions are hard to reduce, and removing carbon from the atmosphere to balance emissions that cannot be directly decreased or avoided. 

Carbon capture is well-positioned to address industrial combustion and process emissions from the production of materials, such as steel and cement. It also provides a rare opportunity for fossil fuels, such as the greenhouse gas emissions associated with the life cycle of natural gas, to play a role in a decarbonized world.

Investments in carbon capture and other efforts to reduce carbon dioxide and methane emissions from our atmosphere are critical to a healthy future.

In the new climate reality, businesses that can innovate and take advantage of the low-carbon transition will be the ones to secure a sustainable future.

In Today’s Climate, Investing in Compliance is Future-Proof.

  • Capture

    Global GHG emissions currently sit at approximately 47.6 gT of CO2-equivalent per year.

  • Store

    CCUS accounts for nearly 15% of the cumulative reduction in emissions in the Sustainable Development Scenario.

  • Reuse

    Captured CO2 can be used to produce fuel, enrich concrete, and generate power - reducing greenhouse gas emissions by a billion metric tons yearly.

  • Clean

    CCUS is critical to significantly reducing the amount of harmful industrial-produced CO2 released into the atmosphere - and is a key component to building a cleaner, greener future.

CO2 Energy Transition: Capturing the Future of Innovation for Today’s Investors