MSFT - Carbon Capture And Storage Companies To Consider
- Carbon capture and storage/sequestration ("CCS") is needed mostly to help remove CO2 gases from power plants escaping into the atmosphere and to reduce global emissions.
- The CCS market size is projected to grow from USD 1.75 billion in 2019 to USD 6.3 billion by 2027, exhibiting a CAGR of 19.2% during the forecast period (2021-2028).
- Biden has targeted 100% carbon-free electricity by 2035 and to reduce emissions 50-52% by 2030. China targets peak emissions before 2030 and aims to achieve carbon neutrality before 2060.
- A brief look at some major carbon capture and storage companies to consider.
For further details see:
Carbon Capture And Storage Companies To Consider