In order to reach the goal of net-zero emissions by 2050, the world would need an estimated carbon capture and storage capacity of more than two billion metric tons of CO₂ per year for the basic materials industry. The cement industry alone would require a capacity of 1.37 billion tons of CO₂ per year. As of 2021, the global carbon capture and storage capacity was 40 million tons of CO₂ per year.
Required carbon capture and storage capacity for net-zero industries worldwide by 2050, by segment (in million tons CO₂ per year)
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World Economic Forum. (July 27, 2022). Required carbon capture and storage capacity for net-zero industries worldwide by 2050, by segment (in million tons CO₂ per year) [Graph]. In Statista. Retrieved June 02, 2023, from https://www.statista.com/statistics/1326423/global-carbon-capture-capacity-net-zero-industry/
World Economic Forum. "Required carbon capture and storage capacity for net-zero industries worldwide by 2050, by segment (in million tons CO₂ per year)." Chart. July 27, 2022. Statista. Accessed June 02, 2023. https://www.statista.com/statistics/1326423/global-carbon-capture-capacity-net-zero-industry/
World Economic Forum. (2022). Required carbon capture and storage capacity for net-zero industries worldwide by 2050, by segment (in million tons CO₂ per year). Statista. Statista Inc.. Accessed: June 02, 2023. https://www.statista.com/statistics/1326423/global-carbon-capture-capacity-net-zero-industry/
World Economic Forum. "Required Carbon Capture and Storage Capacity for Net-zero Industries Worldwide by 2050, by Segment (in Million Tons Co₂ per Year)." Statista, Statista Inc., 27 Jul 2022, https://www.statista.com/statistics/1326423/global-carbon-capture-capacity-net-zero-industry/
World Economic Forum, Required carbon capture and storage capacity for net-zero industries worldwide by 2050, by segment (in million tons CO₂ per year) Statista, https://www.statista.com/statistics/1326423/global-carbon-capture-capacity-net-zero-industry/ (last visited June 02, 2023)
Required carbon capture and storage capacity for net-zero industries worldwide by 2050, by segment (in million tons CO₂ per year) [Graph], World Economic Forum, July 27, 2022. [Online]. Available: https://www.statista.com/statistics/1326423/global-carbon-capture-capacity-net-zero-industry/