Imagine a world where industries thrive, yet the air remains clean. Sounds like a fantasy?
Not with Carbon Capture, Utilization, and Storage (CCUS). This revolutionary methodology offers a powerful solution to the climate crisis, allowing us to continue utilizing essential industries while minimizing their environmental footprint.India, the third-largest emitter of CO2 globally, faces significant challenges in reducing its carbon footprint. Despite progress in renewable energy, which contributes to about 30% of the necessary decarbonization, emissions from key sectors such as power generation and heavy industry remain difficult to address. With rapid economic growth and a population set to surpass 1.5 billion by 2036, India’s CO2 emissions are projected to exceed 4 gigatonnes annually by 2030.(Source: NITI Aayog)
Carbon Capture, Utilization, and Storage (CCUS) emerges as a key concept in this context. CCUS involves capturing CO2 from large industrial sources, transporting it, and either storing it underground or utilizing it for other purposes.
This method is crucial for India to achieve its ambitious net-zero emissions target by 2070, as highlighted by the International Energy Agency (IEA) and the Intergovernmental Panel on Climate Change (IPCC).