Almost all our remaining carbon budget as defined by the Paris Agreement will be depleted by emissions from current, under construction and operational infrastructure. It doesn’t take into account – new industrial & power infrastructure and growing urbanization and population. Hence, while continuing to build out clean and renewable sources of energy at even greater speed, the commercialization of clean energy technologies, particularly carbon capture and storage (CCS), will be key to significantly and quickly reduce emissions from hard-to-abate industrial sectors and power plants.

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