2024-01-30 11:00:00 ET
Summary
- CCS is a key enabling technology for the transition towards a net zero economy, and we're expecting its growth to continue building momentum in 2024.
- At the same time, unrealistically high hopes of a rapid kick-off should start to cool down, and upcoming elections in key markets like the US and EU will only add to existing uncertainty.
- Overall, we expect more activity in the CCS market in 2024, but the market will likely struggle to kick off and show its full potential.
By Gerben Hieminga and Coco Zhang
Renewables are not the only answer
Efforts to decarbonise the global economy are starting to reach a turning point as the COP28 climate conference reached agreements to ‘transition away from fossil fuels' and to triple investment in renewables....
Read the full article on Seeking Alpha
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CCS Growth Is Set To Build As Market Struggles To Kick Off