GEI analyst Seth Haskell speaks at the CCS Strategy Europe event
Higher carbon prices give boost to industrial CCS
Improved financial incentives are spurring investment in CCS in industry, although challenges remain in sectors such as steel and cement
The CCS project landscape remains dominated by natural gas processing applications, but greater policy support and rising carbon prices mean there is a pipeline of projects in the ‘hard to abate’ sectors, such as cement and steel, according to Gulf Energy Information. “Most CCS projects and the overwhelming majority of the capture capacity associated with those projects is related to natural gas processing—projects such as Melkoya in Norway and Gorgon CCS in Australia, for example,” GEI analyst Seth Haskell said at Carbon Economist’s CCS Strategy Europe event in June. The CO₂ captured by natural gas processing projects is most often used for enhanced oil recovery (EOR), rather than being s
Also in this section
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
