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Defossilizing industry: considerations for scaling-up carbon capture and utilization pathways
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Report summary
Carbon capture and utilization (CCU) offers a potentially attractive pathway to ‘defossilizing’ carbon-reliant industries, which can complement other decarbonisation approaches. In our report Defossilizing Industry: Considerations for Scaling-up Carbon Capture and Utilization Pathways, we assess the potential role of CCU in a sustainable industrial transition. Created in collaboration with the World Economic Forum, the report assesses the current CCU project pipeline and utilization pathways and analyses the existing policy and financial barriers to CCU, before setting out a potential way forward. We present three key areas for improvement to drive CCU uptake: Building credible and durable market signals, driving deployment in an immature market, and improving collaboration and governance.
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