BHP is bringing together a global group of steelmakers and energy companies to explore carbon capture, utilization, and storage (CCUS) hubs across Asia. The effort focuses on industries that are some of the hardest to decarbonize: steel, cement, and chemicals. For these sectors, CCUS is not just a technology option. It is rapidly becoming a…
Carbon capture, utilization, and storage (CCUS) has long been seen as a side play in the energy transition. For years it carried the reputation of being too expensive, too experimental, and too dependent on government subsidies. That perception is changing fast. A wave of regulatory pressure, investor scrutiny, and customer demand is moving CCUS from…
Washington is betting billions on carbon capture, but red tape may slow the payout. The Inflation Reduction Act (IRA) has made CCUS one of the most incentivized climate technologies in history. Yet proposed reforms and agency delays are creating both opportunity and uncertainty for executives charting a decarbonization path.
Executive Summary
The United States currently…
BlackRock’s Global Infrastructure Partners has acquired a 49.99 percent stake in Eni’s CCUS business, which includes projects in the United Kingdom, the Netherlands, and Italy. This deal aligns the world’s largest asset manager with one of Europe’s leading energy companies. The partnership combines global capital with operational expertise and positions CCUS not just as an…
