‘Growing momentum’ behind efforts to limit carbon emissions: IEA

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Thu, 2020-09-24 19:04

DUBAI: There is “growing momentum” to global efforts to accelerate carbon capture, use and storage (CCUS) techniques to help the world meet increasingly urgent climate change targets, the International Energy Agency (IEA) said on Thursday.

Fatih Birol, the IEA’s executive director, said global investment in CCUS techniques — which Saudi Arabia has placed at the center of its energy transition strategy — has already reached $4 billion this year, and will likely increase as pressure to meet international standards on greenhouse gas emissions intensifies.

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