Ahead Of Dubai, IEA Warns Oil Sector Against Over-Reliance On CCUS

As world leaders prepare to gather this week for the annual United Nations climate summit in Dubai, the International Energy Agency (IEA) in a new report is pressing the oil and gas sector not to overly rely on carbon capture, utilization and storage (CCUS) and to instead ramp up investment in other types of clean energy. CCUS “is an essential technology for achieving net zero emissions in certain sectors and circumstances, but it is not a way to retain the...