Think tank decries CCUS as ‘new kind of greenwash’
"Waiting for breakthroughs that may never arrive can disincentivise short-term investment and investigation of nascent technologies."
Companies in so-called ‘hard-to-abate’ sectors, including steel and cement, may be using carbon capture, utilisation and storage as an excuse to delay climate action, according to Climate Analytics.
The think tank warns that by arguing that there is currently no viable technology to reduce their emissions, and by betting heavily on carbon capture (CCUS), these sectors are slowing down real progress.