A new report from the United Nations warns that time is running out to deliver on the Paris Agreement and the 2030 Agenda for Sustainable Development and calls for rapid deployment of carbon capture use and storage (CCUS) to meet carbon neutrality targets. Carbon capture use and storage (CCUS) is the process of capturing carbon dioxide (CO2) emissions from fossil power generation and industrial processes for storage deep underground or re-use. CCUS comprises a vast portfolio of existing technologies that are economically viable. Large scale deployment of CCUS technology in the UNECE region would allow countries to decarbonise the energy sector and hard-to abate industrial sectors in the medium term to bridge the gap until next generation low-, zero-, or negative- carbon energy technologies become available to meet the goals of the Paris Climate Agreement.
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