OGCI launches large-scale carbon capture initiative

The Oil and Gas Climate Initiative (OGCI), an initiative to tackle climate change and backed by 13 oil companies, has launched a new initiative to unlock large-scale investment in carbon capture, use and storage (CCUS).

Dubbed a crucial tool to achieve net-zero emissions, OGCI’s CCUS KickStarter initiative is designed to help decarbonize multiple industrial hubs around the world, starting with five hubs in the US, UK, Norway, the Netherlands, and China.

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