Can CCUS help achieve net zero?

The future of carbon captureWith global emissions on the rise, the pressure to decarbonise is driving interest in CCUS (carbon capture, utilisations and storage) … but is CCUS a viable path to net zero, a temporary solution or a high-cost gamble that may simply just perpetuate the use of fossil fuels? Sylvia Leyva Martinez, principal analyst at Wood Mackenzie, sits down to talk with fellow Wood Mackenzie team members, Mhairidh Evans, VP, head of CCUS research and co-head of carbon management and Peter Findlay, director of CCUS economics, about the complex nuances of CCUS. The trio discusses policy support differences between North America and Europe, the impact of government incentives like the U.S. 45Q tax credit, and the need for community buy-in for infrastructure projects. They also explore potential pathways for CCUS growth, address obstacles and opportunities for technology advancement and speculate on whether a consistent global carbon price could be a game-changer. With insights into real-world CCUS projects and the market conditions influencing investment, the conversation highlights the factors that could determine CCUS’s role in the energy transition. ——————————————————— Subscribe to the Interchange Recharged so you don’t miss an episode on Apple Podcasts or Spotify. Find us on X – we’re @interchangeshow. The Interchange Recharged is brought to you by Anza Renewables. Are you wasting valuable time tracking down solar module information that quickly goes stale? Anza’s revolutionary platform can help with up-to-date pricing, technical, risk, and domestic content data from 110 solar modules. Compare products in minutes and redirect your time to higher value work. Find out more at go.anzarenewables.com/woodmacSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What this episode covers

The future of carbon capture With global emissions on the rise, the pressure to decarbonise is driving interest in CCUS (carbon capture, utilisations and storage) … but is CCUS a viable path to net zero, a temporary solution or a high-cost gamble that may simply just perpetuate the use of fossil fuels? Sylvia Leyva Martinez, principal analyst at Wood Mackenzie, sits down to talk with fellow Wood Mackenzie team members, Mhairidh Evans, VP, head of CCUS research and co-head of carbon management and Peter Findlay, director of CCUS economics, about the complex nuances of CCUS. The trio discusses policy support differences between North America and Europe, the impact of government incentives like the U.S. 45Q tax credit, and the need for community buy-in for infrastructure projects. They also explore potential pathways for CCUS growth, address obstacles and opportunities for technology advancement and speculate on whether a consistent global carbon price could be a game-changer. With insights into real-world CCUS projects and the market conditions influencing investment, the conversation highlights the factors that could determine CCUS’s role in the energy transition. ——————————————————— Subscribe to the Interchange Recharged so you don’t miss an episode on Apple Podcasts or Spotify. Find us on X – we’re @interchangeshow. The Interchange Recharged is brought to you by Anza Renewables. Are you wasting valuable time tracking down solar module information that quickly goes stale? Anza’s revolutionary platform can help with up-to-date pricing, technical, risk, and domestic content data from 110 solar modules. Compare products in minutes and redirect your time to higher value work. Find out more at go.anzarenewables.com/woodmac See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.