Esg In Oil And Gas – Thematic Research
February 27, 2023 ⚊ 1 Min read ⚊ Views 68 ⚊ TECHNOLOGY
Carbon capture & storage (CCS) refers to various technologies that trap greenhouse gas (GHG) emissions before they can dissipate in the atmosphere, then store them deep underground. It is central to many governments’ net-zero strategies. Tax incentives support CCS adoption in the US, and EU countries are capitalizing on industrial hubs and clusters for more effective CCS. The oil and gas sector has adopted CCS more than any other industry. Many companies develop CCS capabilities in-house, and vending CCS technology is an attractive long-term opportunity for oil and gas companies.
Tags: ESG in Oil and Gas
