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Glen Peters @Peters_Glen
, 9 tweets, 4 min read Read on Twitter
THREAD (The Global Status of CCS)

CCS is moving, but moving way too slowly for for 1.5°C or 2°C.

Even if you are not a CCS fan, worth checking the report by @GlobalCCS to get an update on the current status of CCS around the world.

There currently exists ~40MtCO₂ per year capture *capacity* (0.1% global emissions), the vast majority for Enhanced Oil Recovery (EOR). It is harder to know how much of CO₂ is stored (not commonly reported or verified), but the estimate here is 200MtCO₂ (cumulatively).
Of the 230MtCO₂ cumulative storage, the vast majority is in the US and for enhanced oil recovery. Norway is the only country (substantially) sequestering CO₂ specifically for storage purposes, where carbon pricing makes it beneficial to store the CO₂. Policy is important!
There are now 43 commercial large-scale global CCS facilities:
* 18 in operation
* 5 in construction
* 20 in various stages of development (though, 2025+)
A large shift in the regional distribution, US to EU & China.
Where does the CO₂ go? It goes down a few kilometers, generally in depleted oil fields, & a lot of experience doing this. Though, less experience on the monitoring & verification. As CCS scales, monitoring & verification will become ever more important!
Lost of policy & potential for CCS in China, but there is "a lack of policy operability; not enough commercial investment; and underdeveloped public participation.". Hence, not much delivery... CCS retrofits are probably key in China, given young coal fleet.
A long history of CCS in the US, new policies coming on board, but not much seems to be in the pipeline (see the fourth tweet in this thread). The report gives a positive spin, but not sure it is so positive on the ground?
Norway continues to move slowly, but surely, ahead on a project to create a CCS value chain, linking 2 small industrial sites, transportation, & storage infrastructure. But, ultimately, for this to work, it needs a large source of CO₂ to feed the infrastructure...
Read the report to get updated on the latest projects & progress, & some interesting figures & anecdotes from researchers & analysts.

But, I am not sure what the message is meant to be with this photo? I will leave that question hanging...…
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