The Global Market for Carbon Capture & Storage is Projected to Reach 51.6 Million Tonnes by 2024
Climate Change Goals to Drive the Global Carbon Capture and Storage Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market size, share and demand forecasts on the global Carbon Capture & Storage market. The global market for Carbon Capture & Storage is projected to reach 51.6 million tonnes by 2024 , driven by the growing concerns over the environment, improvements in the reliability of carbon capture technologies as a result of continuous advances and climate change agreements. Low-carbon technologies are garnering significant interest as the world faces an impending, severe environmental crisis in the form of climate change, and increasing resolve to take action to mitigate these changes. Decarbonizing energy production/consumption and reduction of CO2 from the atmosphere requires combination of several technologies used in tandem. Carbon Storage and Capture (CCS) i...