𝗡𝗘𝗘𝗗 𝗙𝗢𝗥 𝗖𝗖𝗨𝗦 - NECESSITY NOT AN OPTION 
For the world to avoid a climate catastrophe, carbon capture is likely a necessity, not an option. To meet the Paris Agreement’s objectives - keep warming below 2C and preferably near 1.5C—net zero carbon emissions must be achieved circa 2050, and some carbon dioxide will have to be extracted from the atmosphere

1. 𝗗𝗼𝗲𝘀 𝗖𝗖𝗦 𝗪𝗼𝗿𝗸?

PETRONOVA experience & learnings; if Petra Nova was a technical success, it is also a cautionary tale. Petra Nova has been mothballed since May 2020 because it is uneconomic. 

2-𝗖𝗼𝗮𝗹 & 𝗖𝗖𝗨𝗦:

A US coal plant with CCUS would need mammoth subsidies to dispatch under current conditions. It is probably a much better market for CCUS coal retrofits than the U.S. American industry and government must then decide how to effectively compete.

3-𝗡𝗮𝘁𝘂𝗿𝗮𝗹 𝗚𝗮𝘀 𝗖𝗖𝗨𝗦:

The CCUS technology that has been developed to date for coal plants cannot, so to speak, be simply slapped onto a natural gas combined cycle (NGCC) plant IEA has pinpointed CCUS for gas-fired plants as an area where a near-term push from R&D is needed. 

4-𝗛𝘆𝗱𝗿𝗼𝗴𝗲𝗻 & 𝗖𝗖𝗨𝗦:

Economics, currently favor blue hydrogen; Green hydrogen is expected to eventually close the cost gap with blue; estimates range from the early 2030s to circa 2050.

5-𝗚𝗼𝗶𝗻𝗴 𝗙𝗼𝗿𝘄𝗮𝗿𝗱:

Deployment Requires Robust Government Support.

𝗕𝗢𝗧𝗧𝗢𝗠𝗟𝗜𝗡𝗘

A common element of proposed climate strategies is to initially focus on the low-hanging fruit—such as building wind and solar power and retiring coal plants—followed by CCUS deployment to control emissions (what cannot be reduced or avoided) from the remaining combustion sources and for carbon removal.  For this approach to succeed, the groundwork must be laid now.