The role of public-private partnerships in advancing CCUS innovation
Why CCUS innovation is important
Carbon capture, utilization, and storage (CCUS) is a critical technology in the fight against climate change. CCUS can prevent up to 90% of carbon emissions from entering the atmosphere by capturing them from power plants and industrial processes and storing them underground. However, CCUS innovation is still in its infancy, and there is a need for public-private partnerships to drive innovation and make CCUS more efficient, affordable, and scalable.