Chartered loss adjusters

Insights / Articles

11 August 2023

Carbon Capture and Storage

There is no silver bullet to reverse the growth in carbon emissions. Instead, we rely on a raft of technologies to deliver more sustainable energy sources and suppress the release of greenhouse gases. Only then can we realise the pledges of the Paris Climate Accords and the net-zero commitments of individual organisations.

Other than its limited industrial use in chemicals and fuels, enhanced oil recovery CO2 is a waste product, hence the global desire to reduce its usage and consequent impact on the environment. One of the technologies currently being invested in to help achieve this goal is Carbon Capture and Storage (CCS), a three-stage process in which CO2 is captured at a source of industrial emission, transported securely to a place of storage and permanently locked away deep in the earth’s substrata.