Insight
Corporate oil and gas emissions accounting and emerging CCUS business models
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Report summary
Oil and gas companies dominate the existing CCUS market and will play a vital role in driving its development. In this insight we look at the role of CCUS in meeting corporate emission reduction targets through the lens of emerging CCUS business models and the CCUS value chain. • What is the GHG Protocol guidance for how CCUS projects count towards corporate emission reduction targets? • What CCUS business models are emerging and what oil and gas peer groups are pursuing these business models? • What are the profitability pathways for CCUS projects and what are ExxonMobil and Occidental Petroleum doing to support carbon removal and carbon-as-a-service profitability?
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