Carbon Capture and Storage: Prospects in GCC

Gulf Cooperation Council countries are burgeoning economies which are highly dependent on hydrocarbons to fuel their needs for economic growth. GCC nations are fully aware of the mounting consequences of increasing levels of CO­2 on the environment, mainly attributed to soaring energy demand of domestic and industrial sector. Regional countries are undertaking concrete steps and measures to reduce their carbon footprint through the introduction of renewable energy and energy efficiency measures. Among other options, Carbon Capture and Storage, popularly known as CCS, can be an attractive proposition for GCC nations. What is CCS Carbon capture and storage (or carbon capture and sequestration) … Continue reading