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Policy certainty crucial to growth of CCUS technologies

Carbon capture, utilisation, and storage (CCUS) technologies will become increasingly important as fossil fuels are expected to meet the bulk of global energy demand for decades to come, but major players in the sector need policy and regulatory certainty

Panellists speaking at the CCUS: Making a difference in time? session told WEC 2013 delegates that such certainty is crucial to allow for the long-term investments necessary to make the technologies feasible. Mike Gibbons, chairman of UK National Member Committee of the World Energy Congress, described carbon capture as a way to “have your cake and eat it too”. He added that it is a simple fact that many countries, particularly those with emerging economies, will continue to rely on carbon dioxide (CO2) emitting fossil fuels for decades to come. “In some countries, CCUS is the only way they’re going to have a low-carbon future,” he said. However, Peter Oosterveer, group president of energy

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