Global carbon markets are poised for transformative growth. Two key strategic areas have emerged as critical components of global decarbonisation efforts: Carbon Capture, Utilisation and Storage (CCUS) and carbon offsets. Wood Mackenzie’s two long-term outlook reports forecast substantial market size growth, surpassing trillions of dollars in value by mid-century. Wood Mackenzie’s Carbon Markets and CCUS research teams predict that rising demand, policy evolution, strategic corporate deals, and technological advancements will fuel steep growth trajectories for both sectors. “CCUS will likely become crucial for abating process emissions in hard-to-abate industries”, said…
Read MoreWood Mackenzie forecasts trillion-dollar boom in carbon offsets and CCUS markets by 2050
