From Yahoo Finance: 2025-05-02 12:02:00

The International Energy Agency (IEA) reports modest growth in Carbon Capture, Utilisation, and Storage (CCUS) projects from Q1 2024 to Q1 2025. Global operational capacity for capturing and storing CO2 has reached over 50 million tonnes, with projections for annual CO2 capture capacity to rise to 430 million tonnes by 2030. Projects in hydrogen production, direct air capture, and other industrial sectors are expected to contribute significantly to global capacity. However, there are concerns about regional concentration in North America and Europe, with emerging market players and supply chain pressures shaping the sector’s future direction.



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