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NEWSLETTER | July 2022

New Report: The Economics of Direct Air Carbon Capture and Storage

As the scale and urgency of climate action has become clearer in recent years, carbon dioxide removal (CDR) through direct air carbon capture and storage (DACCS) is expected to play a unique role in  the net-zero transition. The Institute's latest thought leadership report explores the economics of DACCS and how its deployment might affect the global energy system, and climate change mitigation more broadly.



New Report: Bonn Climate Conference Outcomes

During the Bonn Climate Change Conference, UNFCCC Parties came together to make progress ahead of COP 27. The Institute was on the ground in Bonn as an Observer to follow the negotiations process and liaise with delegates and participants. In this newly released report, we outline our main takeaways from the conference, and highlight key discussions conducted in the areas most relevant to carbon capture and storage. This report is the first in a series dedicated to assessing the role of CCS at COP 27.



 Factsheets: CCS Explained

What is Carbon Capture and Storage (CCS) and how does it work? Our newly released factsheets provide detailed information about this versatile climate technology, describing the major steps involved during the capture, transport and storage of carbon dioxide (CO2). These factsheets further explain why CCS is necessary to tackle climate change and reach international climate goals.



Hybrid Event: 10th Annual D.C. Forum

The Institute's 10th Annual D.C. Forum on CCS took place on 16, June in Washington D.C. Together with distinguished keynote speakers and expert panel members, the Institute facilitated discussions  on  a range of relevant CCS topics, including conversations on U.S. policy development, financing CCS efforts, the importance of environmental justice and the latest on global carbon markets.



EU Innovation Fund to Invest in Seven CCS and CCU Projects

On 12 July, the European Commission announced  the results of the second call for large-scale innovative low-carbon technology projects under the EU Innovation Fund. As part of the EU's decarbonisation efforts, over €1.8 billion will be invested towards seventeen large-scale projects, seven of which include a CCS or CCU component.




CCS Reads