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Major CCUS industry/government collaboration announced at Global Clean Energy Action Forum (GCEAF) in Pittsburgh, USA
- Global Cement and Concrete Association and Clean Energy Ministerial CCUS announce collaboration to help scale up deployment of carbon capture, utilisation and storage
- Policy frameworks, development of CO2 transport and storage infrastructure, strategic hubs and financial incentives are at the centre of the agreement, to ensure the long-term industrial-scale deployment of CCUS by the cement and concrete industry
- Cooperation agreement will also more broadly promote the role CCUS has in safely and effectively delivering a net zero world
The Clean Energy Ministerial CCUS (CEM CCUS) and the Global Cement and Concrete Association (GCCA) have today, at the first-ever Global Clean Energy Action Forum (GCEAF), announced an agreement that will help scale up the deployment of carbon capture, utilisation and storage (CCUS) throughout the cement and concrete industry, in a move to stimulate innovation , invest and increase the pace of decarbonisation efforts.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220923005359/en/
Major CCUS industry and government collaboration announced at Global Clean Energy Action Forum (GCEAF) in Pittsburgh, USA. Left to right: Thomas Guillot, CEO of the Global Cement and Concrete Association, Henriette Nesheim, Assistant Director General, Norwegian Ministry of Petroleum and Energy – and CEM CCUS Initiative Co-Lead from Norway, Brad Crabtree, Assistant Secretary, Fossil Energy and Carbon Management, US Department of Energy (Photo: Business Wire)
Central to the agreement will be exploring incentives, policy frameworks and finance solutions at a global level that can enable industrial-scale CCUS projects over the next ten years. The two organisations will work together to ensure the long-term deployment of CCUS, beyond 2030 , via both policy and technological development.
The agreement sets out the role…
Full story available on Benzinga.com
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