Where Data Tells the Story
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Carbon capture capacity (2023 vs 2035F) in selected countries and regions, according to BloombergNEF.
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.
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).