In accordance with our commitment to improve energy efficiency, reduce carbon emissions, encourage low emission technologies, and improve the resiliency of our global assets to climate-related impacts, we support research into the potential of technologies such as carbon capture, utilisation and storage (CCUS) to investigate ways to reduce greenhouse gas emissions from fossil fuel use.
What is carbon capture?
CCUS is a group of technologies that can capture up to 95% of the CO2 emissions produced by using fossil fuels in electricity generation and industrial processes, and stores this CO2 underground. This prevents the CO2 from entering the atmosphere and adding to global emissions.
Carbon dioxide (CO2) is separated from other gases at the industrial plant or power station where it is produced before being cleaned, compressed and transported to a geologically suitable site for storage. It is then injected into porous rock formations deep below the surface of the earth.
The International Energy Agency identifies CCUS as one of the key emission reduction technologies in the global transition to a low carbon economy and says it will play a “unique and vital role” in the global reduction of greenhouse gas emissions from fossil fuel use.
Glencore and CTSCo
Glencore’s CTSCo Project will lay the foundation for commercial-scale onshore CCUS from industrial processes and power generation in Queensland’s Surat Basin.
It will also provide a technology pathway for materially reducing Australia’s overall carbon footprint, help federal and state governments achieve their stated emissions reductions targets, and provide a pathway for many of our international end-use customers to reduce CO2 emissions.