Global uptake of a low-carbon technology, vital to help the world meet its 2°C global warming target, has seen significant progress in the US, Canada and China while Europe lags behind, finds a report released in Brussels today.
The Global Status of CCS: February 2014 report reviews the current status of large-scale carbon capture and storage (CCS) projects worldwide, including the policy and regulatory developments affecting international decarbonisation efforts.
The report found 21 CCS projects in construction or operation worldwide, a 50% increase since 2011.
Global CCS Institute CEO, Brad Page, said the report tracked steady progress for CCS worldwide but with a significant slowdown in Europe, where four CCS projects were cancelled or put on hold.
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