“Reaching net zero will be virtually impossible without CCUS,” the International Energy Agency (IEA) said in a recent report on the role of carbon capture, utilization, and storage in the energy transition. Many governments, especially in mature economies, as well as all oil and gas supermajors, also seem to concur that carbon capture and storage is a critical part in achieving the emission reduction targets and net-zero goals that various countries and businesses, including the European oil majors, are pursuing.   Governments…

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