As a signatory to the Paris Agreement targets for restricting global warming to 2 degrees Celsius, and preferable to 1.5 degrees Celsius, over pre-industrial levels, Indian government over the past few years has introduced multiple policies and actions to support and facilitate CCUS initiatives by industries and PSUs. It also aligns with five of the seventeen sustainable development goals (SDGs), namely, climate action clean energy, industry, innovation, and infrastructure responsible consumption and production and partnerships to achieve the goals. The carbon captured is stacked and stored deep inside geological formations such as exploited oil and gas wells.ĬCUS technologies can play an important role in meeting net zero targets, and is one of the key pathways to reduce emissions while continuing to develop sustainably at an unprecedented pace. Innovations in this area include artificial photosynthesis using bio-solar leaves and phytoplankton-based solutions that mimic the chemical process of photosynthesis. Enabling circular carbon economy (CCE), the technology helps manufacturers capture carbon at the point of emission, i.e., chimneys, and trap carbon dioxide using a chemical oxidation process, for reuse in the production of fuels (methane and methanol), plastic components, fire extinguishers, pharma, soda ash, food and drinks, building materials and agriculture. Carbon Capture, Utilization, and Storage (CCUS) encompasses technologies to remove CO2 from the flue gas and from the atmosphere, followed by upcycling the CO2 for utilization and determining safe and permanent storage options, thereby reversing its negative impacts. Globally, power and industry account for about 50 per cent of all greenhouse gas (GHG) emissions.
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