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23 Apr
19:32

CCUS will not play major decarbonisation role: IEEFA

Despite the support for carbon capture utilisation and storage (CCUS) technology at the 2023 COP28 climate conference, its impact on decarbonising the steel industry is expected to be minimal, according to the Institute of Energy Economics and Financial Analysis (IEEFA) study. One critical aspect often overlooked with CCUS is its low capture rate, according to IEEFA.  Currently, there are no commercial-scale CCUS plants for coal-based steelmaking globally, a…
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