THE massive opportunities - and some pitfalls - available to industry and investors in the capture and storage of carbon dioxide are spotlighted in a new US Department of Energy report. As much as $600 billion worth of new money could be needed by 2050 if the US alone is to meet the challenge of storing up to 1.8 billion tonnes per annum of carbon dioxide by mid-century. The Pathways to Commercial Liftoff: Carbon Management document aims to establish a common fact base and dialogue for the private sector to work with on Washington's climate programme. Despite some world-leading progress and some recent high-profile project announcements in the US, the nation's carbon capture, utilisation and storage (CCUS) and carbon dioxide removal (CDR) sectors are in their infancy.
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