CCUS Key For Energy Security And Clean, Affordable Energy
CCUS is an essential lynchpin for energy security and a critical tool for reducing emissions from traditional, hard to decarbonize energy sources.
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CCUS is an essential lynchpin for energy security and a critical tool for reducing emissions from traditional, hard to decarbonize energy sources.
Union Minister for Petroleum and Natural Gas, Hardeep Puri, met with Occidental Petroleum's CEO, Vicki Hollub, at Davos to explore opportunities in India's Exploration and Production sector. Discussions included the use of CCUS technology for enhanced oil recovery. Puri also informed about a significant reduction in India's 'No Go' areas for E&P, making a vast area available for exploration. The minister engaged with Equinor's CEO, Anders Opedal, to discuss collaboration in India's E&P, offshore wind, and gas sectors, aligning with India's ambitious energy transition goals towards achi...
The rich world accounts for far more CO2 emissions than the rest of us: the emission count per capita per year is something like this: 17 tonnes in North America, 8 tonnes in Europe, 1.5 tonnes in South Asia and less than 1 tonne in Africa.
Provincial tax credit could underpin C$35bn in new CCS and CCUS investments over the next decade.
But aggressive investment is needed to meet mid-century targets.