ClimateAug 21, 2024
The U.S. is the Global Leader in Capturing CO2 Emissions 🏭
What We’re Showing
Carbon capture capacity (2023 vs 2035F) in selected countries and regions, according to BloombergNEF.
Key Takeaway
By 2035, the U.S. is estimated to have the capacity to capture up to 164 million tonnes of carbon, almost equal to the combined capacity of the following three largest markets.
How Does It Work?
Carbon capture involves capturing carbon dioxide (CO2) emissions from sources like power plants before they enter the atmosphere.
The captured CO2 is then either stored underground in geological formations (known as carbon capture and storage) or utilized in various products and processes (known as carbon capture and utilization).
Dataset
Commissioned capacity (Millions of metric tons of CO2 per year) | Proposed capacity | % Growth | |
---|---|---|---|
2023 | 2035 | ||
China | 6.6 | 15.6 | 136% |
Middle East | 4.6 | 18.8 | 309% |
Canada | 4.1 | 47.1 | 1049% |
Europe (ex UK) | 2 | 57.8 | 2790% |
UK | 0 | 69 | -- |
US | 24.5 | 163.8 | 569% |
Data sources
Data as of May 2024
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