Carbon capture and storage (CCS) technology can effectively reduce carbon emissions from energy-intensive industries, allowing carbon emissions to be captured globally. The captured carbon dioxide will be transported to carbon storage sites via pipelines or tankers, such as impermeable rock formations more than 800 meters below the surface, porous rock structures, and abandoned oil and gas fields. Through these safe storage technologies, the total amount of greenhouse gases entering the atmosphere can be significantly reduced.

In order to achieve the goal of net-zero emissions, the number of CCS facilities in the world has increased from 26 in 2020 to 50 in 2024, and the annual storage capacity has also increased from 40 million tons to 51 million tons. 

The top three countries in the world in terms of CCS facilities are the US, China, and Canada, with 19, 14, and 7 facilities, respectively.

In addition, there are currently 40 new facilities in 14 countries under construction and 334 CCS projects in development stages globally, indicating that the global carbon storage capacity is expected to expand at a faster rate in the future.