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CCUS Reliance to Maintain O&G Output Trends “Pure Fantasy”

Amount of carbon capture required for 1.5°C pathway “inconceivable” if fossil fuel production remains unchecked, says IEA. 

The International Energy Agency (IEA) has warned that the oil and gas sector cannot rely on carbon capture utilisation and storage (CCUS) to reduce emissions while maintaining or ramping up production.   The IEA’s ‘Oil and Gas Industry in Net Zero Transitions‘ report, published ahead of COP28 in Dubai, estimates…

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