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Today, @BloombergNEF published its annual #CCS Market Outlook. The tl:dr is that, based on current announcements, CCS capacity is set to grow 6x by 2030. That’s 44% higher than what we expected last year. And it’s before you take #IRA into account. 🧵 with some key results: 
(2/10) CCS is diversifying. Most of the capture will be happening in #industry and #power, rather that natural gas processing. And most of the CO2 will be going in the ground, not to oil wells for EOR.
(3/10) We’ve been saying transport and storage infrastructure could be a bottleneck. *For the moment* it doesn’t look like a problem. There’s more unallocated capacity than capture projects looking for a home for their CO2. This can change quickly, given all that Midwest #ethanol
