CCUS has big potential, but laundry list of issues remains: Woodmac

ANALYST firm Wood Mackenzie has highlighted current global carbon capture utilisation and storage capacity will have to increase 100-fold to meet the goals of the Paris Agreement, noting the oil and gas industry has first-mover advantage to capitalise on the tech.

CCUS has big potential, but laundry list of issues remains: Woodmac CCUS has big potential, but laundry list of issues remains: Woodmac CCUS has big potential, but laundry list of issues remains: Woodmac CCUS has big potential, but laundry list of issues remains: Woodmac CCUS has big potential, but laundry list of issues remains: Woodmac

Chevron's Gorgon CCS project in Western Australia. Supplied/Chevron

Woodmac upstream corporate researcher Zoe Sutherland highlighted CCUS features in the strategies of most signatories to the Paris Agreement.