22.07.2014 - Carbon Capture market to witness 25.49 % CAGR during 2013-18
Global Carbon Capture and Sequestration market (CCS) will grow at a CAGR of 25.49 per cent over the period 2013-2018, according to a report by Sandler Research. The report says CCS technology will emerge as a clean technology to reduce GHG (Green House Gas) emissions. The integration of CCS with Integrated Gasification Combined Cycle (IGCC) will reduce costs and make CCS technology more economically viable. CCS is the process of capturing waste carbon dioxide (CO2) from large point sources, such as fossil fuel power plants, transporting it to a storage site, and depositing it where it will not enter the atmosphere, normally an underground geological formation...............................................Full Article: Source
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