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Global CO2 Capture Capacity 243.97 Mtpa (2022)
Here are some key points to note from the Global Status of CCS 2022 report by the Global CCS Institute:
- As of September 2022, 196 CCS projects globally, including 30 operational facilities, 11 under construction, and 153 in advanced stages, total a CO2 capture capacity of 243.97 Mtpa.
- An additional 36 facilities are under construction or in advanced development.
- The United States leads globally in CCS, capturing over 60% of global CO2 and planning half of all future capacity, followed by Europe.
Here are some key trends from the CCS market around the world:
- $12 billion - Allocated to carbon management funding by the US Department of Energy, largely for direct air capture and CO2 capture, transport and storage, as per their official report
- 0.12% - Percentage of annual global emissions captured by CCS facilities globally, as reported by Statista
- $1.8 billion - Global investment in CCS projects globally, as reported by IEA
