Wood Mackenzie predicts global CCUS market to surge 28-fold by 2050, surpassing trillions in value. Analysts revise near-term growth forecast down by 22% due to policy uncertainty. Most countries may achieve only 50-70% of carbon capture goals by 2050. Big Oil investing billions in CCUS projects, Exxon Mobil targeting U.S. data centers. Canada’s $16.5B CCUS project uncertain after Trudeau’s resignation. Shell, Equinor, TotalEnergies expand Northern Lights CCS project.
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