The reduction of greenhouse gas emissions to reduce global warming is the goal set out by the Paris Agreement. The global energy demand makes it impossible to abandon carbon as a source of energy altogether. However, companies have turned to carbon capture and sequestration (CCS) technology to address carbon release into the atmosphere. The technology has been utilized in a wide range of industries since 1972 and reduces greenhouse gas emissions around the world.
CCS involves three significant steps:
1. Capturing CO2 at the source
2. Compressing CO2 for transportation
3. Injecting CO2 deep into a rock formation at a carefully selected and safe site, where it is permanently stored.