Energy‐intensive industries account for a significant part of global carbon dioxide (CO2) emissions. Industrial sectors such as cement, iron and steel, chemicals and refining represent one‐fifth of total global CO2 emissions, and the amount of CO2 they produce is likely to grow over the coming decades. Carbon capture and storage (CCS) in industrial applications refers to the prevention of CO2 emissions through the capture, transport and storage or use of CO2 from these sectors. Analysis by the International Energy Agency shows that CCS in industrial applications could represent around half of the emission reductions achieved through CCS by 2050.