Global investment in carbon capture and storage projects hit $6.4 bn in 2022: KAPSARC official 

by gulftimes


Sun, 2023-02-19 15:22

RIYADH: The volume of global investment in carbon capture and storage projects has hit $6.4 billion in 2022, said Fatih Yilmaz, an expert in the Climate and Sustainability Program at the King Abdullah Petroleum Studies and Research Center. 

Speaking during a panel discussion on carbon management techniques with the International Energy Forum and the Clean Energy Forum in Riyadh, Yilmaz highlighted that the average investment in CCUS projects ranged from $2 billion to $3 billion annually until 2022. 

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