Big Oil’s $1.2 Trillion Bet? WoodMac Predicts CCUS Market Surge
OilPrice
JUNE 29, 2025
Global research and consultancy group Wood Mackenzie has predicted that the global Carbon Capture, Utilisation and Storage (CCUS) market will surge 28-fold by 2050 to 2,061 million tonnes per annum, surpassing trillions of dollars in value. According to WoodMac, countries across the globe led by U.S.,
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