Achieving Net Zero in the Industrial Sector:

How Carbon Capture Technology Brings Real Solutions to Industry

TECHNOLOGY TO ACHIEVE ‘NET ZERO’

Achieving Net Zero in

the Industrial Sector:
How Carbon Capture Technology
Brings Real Solutions to Industry

carbonclean.com
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

Introduction:
Maintaining Priorities with
Advanced Technologies
Climate change remains a defining issue for the that in the long-term, climate change is as serious
21st century. When it comes to meeting the targets a threat as the pandemic. Rather than derailing
set out in the Paris Agreement, time is not on our the battle against climate change, the current
side. The objective — limiting the increase in global health, and economic crisis has created
global average temperature to below 1.5°C over an opportunity to accelerate it, by giving us the
pre-industrial levels — is as pressing as ever. chance to examine the lifestyles and social systems
that have brought us to the current moment.
Prior to the COVID-19 pandemic, awareness Governments around the world are seizing the
of the issue’s urgency was gaining momentum opportunity to advance a “green recovery” from the
throughout some segments of industry, current crisis that allows us to “build back better.”
with an ever-growing list of enterprises
outlining plans to achieve carbon net zero. One significant long-term solution towards
decarbonisation and a sustainable economy is
While there have been concerns that the a shift towards renewable energy sources. But
commitment would wane as focus shifted to the renewable energy alone will not be enough to
challenges posed by COVID-19, that does not help transition the world away from fossil fuels,
appear to be the case. A recent Ipsos Mori poll particularly when it comes to heavy industry.
found that 71 percent of people worldwide agree

carbonclean.com 02
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

Carbon Capture, Utilisation, and Storage:

A Key Opportunity for Hard to Abate Industries

Critical industries such as cement, steel, refineries, and

energy from waste (EfW) are major contributors to global
carbon emissions.

In the past, complex production processes and atmosphere, and allow the CO2 to be converted to
energy demands have made decarbonisation useful commercial products or stored underground.
difficult. These hard to abate sectors have also
received relatively little attention compared with Analysis by the Intergovernmental Panel on
the focus on energy efficiency, renewables, and Climate Change (IPCC) and International Energy
consumer behaviours. Heavy industry is here to stay, Agency (IEA) has consistently shown that
and provides an immense opportunity for making widespread deployment of CCUS is an essential
significant progress towards net zero worldwide. component of meeting climate targets and
reaching net zero. CCUS significantly reduces
This is where carbon capture, utilisation, and costs and minimises societal disruption in meeting
storage (CCUS) technologies can play a crucial climate targets by enabling hard to abate industries
role in moving industry towards net zero. These to significantly decarbonise — without more
technologies capture carbon dioxide (CO2) from significant overhauls of their current processes.
industrial plants prior to it reaching the earth’s

carbonclean.com 03
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

A Proven Solution for Carbon Capture

CCUS is a proven process dating back to the capture process for industrial flue gases or off-gases
1970s, but so far, widespread adoption has with CO2 concentrations ranging from 3 to 25
been limited due to cost and scalability. Our vol.%. The CDRMax™ process uses a proprietary
technology fills the need to bring down the solvent and heat integration to provide the
cost and make it commercially viable on a energy-efficient capture and/or recovery of CO2.
large scale. This carbon capture technology The process can achieve capture rates of more
offers a scalable method to decarbonise hard than 90 percent, and delivers industrial quality
to abate industries, including cement, steel, CO2 for re-use or sequestration. The process can
refineries, and EfW. It’s intended and tailored be applied to everything from mid-scale (100s of
for the needs and realities of these industries. metric tonnes per day) to large-scale (1,000s of
metric tonnes per day) capacities for industrial
Carbon Clean has developed CDRMax™ carbon capture and utilisation (ICCU) applications.
technology, a commercially available carbon

CDRMax: How It Works

Process flow diagram of CDMaxTM

carbonclean.com 04
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

Chapter 1:
The Goal of Net Zero

What is Net Zero?

Climate science demonstrates that the eventual in general) emissions from humans into the
extent of global warming is approximately Earth’s atmosphere, with any emissions offset
proportional to the total amount of carbon by carbon removal to reach a net output of zero.
dioxide that human activity adds to the This is also referred to as carbon neutrality.
atmosphere. Since the Earth reacts strongly to
small changes in the amount of CO2, methane, The 2018 Intergovernmental Panel on Climate
and other greenhouse gases released into the Change (IPCC) report concluded that global
atmosphere, emissions of these gases must emissions need to reach net zero around 2050
be reduced. in order to meet the 1.5°C global warming target
set forth in the Paris Agreement. If the world
In order to rebalance and stabilise the Earth’s reaches net zero emissions one decade sooner,
climate system, CO2 emissions must fall to by 2040, the chance of limiting warming to
zero. Net zero refers to this goal of minimising 1.5ºC is considerably higher. But the longer it
total carbon (or sometimes, greenhouse gas takes, the greater the impact on the climate.

Net zero is not necessarily just a set of technologies or a set of policy or financing
options. It’s much bigger than that. It has to do with a collective set of actions that
humanity needs to take as a whole to be able to get to that space where we’re not
emitting any excess CO2 into the atmosphere.”

Aniruddha Sharma
CEO, Carbon Clean

carbonclean.com 05
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

Aniruddha Sharma, CEO, Carbon Clean, says that, there needs to be planning around the
that achieving net zero involves three levels. implications of technology on all walks of life, such
At the ground level, there needs to be a shift in as transport, travel, and industry. That leads to the
popular awareness and consumer demand that third level, which contains tremendous untapped
drives behavioral changes when it comes to potential: industry-specific options to reducing
individual decisions and product choices. Beyond carbon emissions for hard to abate industries.

The Role of Industry

Industry accounts for 40 percent of global products such as fuels, gasoline, plastics, and
energy demand and one-quarter of global CO2 more. A rapidly growing global population and
emissions — a very significant portion. However, economy are expected to raise demand for these
rather than being a hurdle to meeting long- essential commodities, which underlie key aspects
term climate targets, industry is poised to be of modern infrastructure and economic life.
a major contributor to avert climate change.
Transformative decarbonisation of heavy industry But these industries are also among the hardest
is one of the single most important methods to abate. In part this is due to the emissions
to rapidly move society towards net zero. that result from chemical reactions inherent to
production processes. It’s also due to their high-
The largest sources for industrial emissions are temperature heat requirements. For example,
vital industries such as cement, iron and steel, 65 percent of cement emissions result from
EfW, and petrochemicals. Again, these are not the calcination of limestone, a process crucial
industries that are easily replaced. The cement and to cement production. This process cannot
steel sectors provide the foundational materials be avoided by switching to alternative fuels.
for global construction and infrastructure, while
petrochemicals produce a range of valuable

carbonclean.com 06
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

Increasing Cost Effectiveness

CCUS provides the only mature and cost-effective abate industries without CCUS may be impossible,
option for reducing emissions both from production and at best substantially more expensive. The
processes and energy usage from heat demand. IPCC’s Fifth Assessment Report (AR5) found that
And CCUS technology can be harnessed by hard excluding CCUS would lead to a doubling of the cost
to abate industries to decarbonise without needing of reducing emissions, the largest cost increase
to make significant changes to existing processes. due to the exclusion of any single technology.
The technology can capture carbon directly
from point sources on industrial sites, making Even with today’s relatively modest prices on CO2
it a practical and feasible option for industries emissions, CCUS is being utilised in cost-effective
to begin decarbonisation in the short-term. applications. As the cost of carbon capture goes
down and the cost of carbon emissions goes up,
Reports such as those by the Energy Transition and as we see tightening climate targets, these
Commission and the International Energy Agency applications will become even more cost-effective.
have concluded that achieving net zero in hard to

carbonclean.com 07
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

Chapter 2:
The Costs of Capturing Carbon
Industrial installations have a range of options is a one-time investment in installing CCUS
when it comes to decarbonisation measures, equipment, while the operating costs include the
from switching lighting to LED bulbs, to cost of energy needed to power the equipment.
buying renewable energy, to installing CCUS While capital costs for CCUS installation have
technology. Each of these measures has a payoff traditionally been expensive, advances in CCUS
commensurate with the investment. With CCUS, technology have reduced the cost of capture
the investment is measured by the metric cost of to new low levels, making CCUS, on balance, a
capture, which is the dollar cost per tonne of CO2 pragmatic and cost-effective option for industry.
that is captured (and then stored or sold), rather
than emitted into the atmosphere. Cost of capture Carbon Clean is continuing to invest in the
allows companies to best prioritise technologies production of their containerised solution to achieve
and spending for decarbonisation measures. $30 tonne cost of CO2 capture not including carbon
credits by 2021. Consequently, large emitters
This cost includes both capital expenses could potentially offset the cost of carbon capture
and operating expenses. The capital cost with their carbon tax from as early as next year.

carbonclean.com 08
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

Calculating the Cost of Capture

The easiest way of calculating the cost of capture is looking at your total investment
in getting the measures implemented. Then, divide that by the total amount of CO2
avoided over the lifetime of that specific measure.”

“For example, imagine that you install CCUS technology that captures 100,000 tonnes
of CO2 and it costs $10 million dollars. You operate it for 5 years. Take that as a
benchmark: divide the total amount of tonnes by the cost over time. You come to the
cost of total CO2 captured per tonne.”

Prateek Bumb
Co-Founder and CTO, Carbon Clean

Since October 2016, Carbon Clean in partnership and is designed to capture 60,000 tonnes CO2
with Tuticorin Alkali Chemicals and Fertilisers per year. Not only does the plant meet cost and
Limited has been operating the world’s first performance expectations, but the CO2 is also
low-cost industrial scale carbon capture and converted into a commercial product soda ash
utilisation (CCU) plant in India. Installed on a coal (an ingredient found in household products).
fired boiler, the project is located near Chennai

Understanding the True Cost of Capture

The truth is, it takes carbon to run the technology to capture carbon. And there are complexities in
how CO2 reductions are determined. But to put it simply, the total cost of using CCUS measures will
be impacted by a variety of factors, including:

Specific technology Site-specific Purity of the CO2 in the

used (development of characteristics of the flue gas waste stream
technology in this area is industrial facility
lowering costs)

Storage (how the Transport (the distance Fuel prices

carbon is stored, and method for the
utilised, or sold) stored carbon to be
transported)

Cost of capital Regulatory Operating and

environment maintenance costs

carbonclean.com 09
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

The ROI of Doing the Right Thing

As with many new technologies, the compa- Carbon price support and subsidies are likely to
nies that choose to embrace the possibilities go down over time as carbon pricing becomes
offered by affordable CCUS at scale will be more widespread, giving first movers the great-
those that reap the most reward. First movers est benefit from CCUS, as they began avoid-
shape the path of industry, and have the great- ing emissions while the price was at its highest.
est advantage of positioning their organisations
for a new, sustainable way of doing business. These first movers will also be the best posi-
tioned to create new, valuable product offer-
Further, as carbon pricing continues to take off ings for environmentally-sensitive consum-
across jurisdictions over the next decades, those ers, helping to future-proof their business
companies caught unprepared may quickly models against shifts in both government
find themselves at a major financial disad- regulations and consumer demands that aim
vantage that will be difficult to recover from. to support sustainable and green enterprises.

The Value of Job Creation

One important differentiator for CCUS compared CCUS creates and protects jobs in two main
to other decarbonisation measures is its ability ways. First, CCUS has the potential to create
to create and sustain jobs. Renewable energy thousands of jobs in the construction and
sources such as wind and solar farms are operation of CCUS facilities and supply chains,
important, but can also have a net-negative as well as with ancillary service providers. To
impact on employment, as they have lower reach the deployment levels outlined in the
labour requirements than the industries IEA’s Sustainable Development Scenario, more
they replace. than 2,000 facilities will be needed by 2050,
which would create at least 100,000 new jobs.

Reaching the IEA Sustainable Development Scenario

Timeline Facilities Created Jobs Created

2050 2,000+ 10,000+

CCUS Facilities New Jobs (Construction,
Operation, Supply Chain,
Support Services)

carbonclean.com 10
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

Secondly, CCUS allows hard to abate industries These are industries that also typically provide
— such as cement, steel, refineries, and EfW — high-paid jobs: in the US, for instance, workers
to continue to operate and thrive in a sustainable, in the refining, cement, and steel sectors are
net zero economy, protecting the millions who paid significantly more than the average wage in
are employed in these industries globally. These the state in which they live. By converting hard
industries often co-locate in regions with good access to abate industries to lower emissions, CCUS
to transport infrastructure and necessary inputs serves to avoid the kind of local economic and
(such as energy demands, feedstocks, and skilled social dislocation that might otherwise result from
workers), often making the local communities they meeting important climate targets such as net zero.
are based in dependent on them for employment.

carbonclean.com 11
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

Chapter 3:
The Four Key Industries —
Cement, Steel, Refineries and
Energy from Waste

Of the hard to abate industries, four key sectors consumer products and transportation, to waste.
stand out as ideal candidates for carbon capture: Their centralised facilities provide high-value
cement, steel, refineries, and energy from opportunities to make significant reductions in
waste (EfW) facilities. These sectors encompass industrial carbon emissions, while enabling these
the entire lifecycle of modern economic sectors to continue fueling economic growth.
activity, from infrastructure and construction, to

The Cement Sector:

A Key Industry Heading for Change
Cement is the world’s leading construction As a result of the more than 4 billion tonnes
material — but it’s also one of the leading of cement produced globally each year, the
sources of greenhouse gas emissions. Carbon industry generates approximately 8 percent of
is released during the production process by global CO2 emissions. If the cement industry
cement kilns, which cook ground limestone with were a nation, it would be the third-highest
sand and clay at high heat. During this process, CO2 emitter after China and the United States.
CO2 is emitted by the burning coal to heat the
kilns, as well as from gases released from the
limestone during heating (known as calcination).

carbonclean.com 12
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

Going Net Zero:

How Net Zero Impacts the Cement Industry
When it comes to reducing the carbon output and thus essential to global economic progress.
of the cement sector, there’s good news: the Yet cement’s current production process is a
CO2 concentration in exhaust from cement major source of carbon emissions. Decarbonising
plants is very high, which makes it easier to it would allow us to harness this amazing material
capture the carbon. Around 90 percent of — while also moving towards net zero. There
the CO2 can be captured and stored using are key business advantages as well. As more
CCUS with an optimised engineering design. jurisdictions adopt carbon taxes, these taxes
immediately translate into the price of cement. As
Net zero has massive implications for the cement cement is a commodity, this can make construction
sector. Cement is the main ingredient used to create very expensive. Cement producers who harness
concrete, the most widely used material in the technology such as CCUS are better positioned
world. Concrete usage worldwide, tonne for tonne, to keep their prices low, while also benefiting
is twice that of steel, wood, plastics, and aluminum from new revenue streams through the utilisation
combined. Cement and concrete are absolutely of captured carbon. This turns their carbon
essential for construction and homebuilding, output from a costly liability to a valuable asset.

Dalmia: A First Mover in the

Cement Industry
In partnership with Carbon Clean, Dalmia Cement (Bharat) Limited, a leading Indian
cement manufacturer, is building a large-scale, 500,000 tonne per year carbon capture
facility at its cement plant at Tamil Nadu, India. Carbon Clean will provide technology
and operational services for the plant based on its patented CDRMax™ technology.

While small-scale carbon capture plants have been commissioned at a small number of
cement plants in China and Europe, a large-scale demonstration plant of this capacity
has never been announced before in the cement industry. Dalmia Cement and Carbon
Clean will explore multiple utilisation streams for the CO2 that is captured from this sizable
plant, including direct sale for use in other industries and manufacture of chemicals.

At Dalmia Cement, we are committed to becoming a carbon negative cement group by

2040. Capturing process emissions from cement manufacturing will be critical towards
reaching net zero. Therefore, our approach is to set up a large scalable demonstration
project on carbon capture with multiple utilisation streams.”

Mr. Mahendra Singhi,

Managing Director and CEO, Dalmia Cement (Bharat) Limited

carbonclean.com 13
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

The Steel Sector:

Complexity and Carbon
Cement may be the largest source of industrial CO2 both as a feedstock and a fuel. Unlike cement,
emissions, but steel isn’t far behind. If we counted emissions arise at different points in the steel
the emissions of the steel industry as if it were a production process. Steel mills have a number of
nation, it would rank the 5th largest in the world. furnaces and subunits involved in the production
process that emit carbon. The largest of these
However, carbon emissions in steel is a little are the blast furnaces (where iron is reduced
more complicated than in the cement sector. to make steel) and the on-site power plant.
Steel and iron production is reliant on coal,

Going Net Zero:

How Net Zero Impacts the Steel Industry

The complexity of the steel production process from being commercialised, and will require large
provides a different set of technical challenges modifications to existing steelmaking infrastructure.
and opportunities. The main question for
steel works is choosing exactly where to most The best way to decarbonise existing steel
effectively install capture technology, as there are plants is to use CCUS on the blast furnace to
multiple emissions sources on-site. A number of capture the majority of emissions, and store
solutions are possible to bring steel to net zero. the carbon. In some cases, this carbon can be
mixed with water and a plant waste known as
In the long run, technological changes to the slag, resulting in a construction material that
steelmaking process can reduce emissions by can then be used for building roads. Utilising
producing clean steel, by using electricity instead of captured carbon in this way can provide an
charcoal, cutting out the carbon emissions created additional revenue stream for steelmakers.
by coal. However, this technology is still a way off

carbonclean.com 14
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

Energy from Waste:

Connecting Industry and Municipalities
EfW is the process of generating energy in the large boiler to produce energy. This serves the
form of electricity or heat by processing waste double purpose of disposing of waste that would
as a fuel source. This process takes place at have otherwise gone to a landfill and avoiding
large plants, typically run by municipalities and millions of tonnes of landfilled waste, while
local authorities, which intake household waste also producing electricity and heat consumers
from municipal waste collections and burn it in a can use.

Going Net Zero:

How Net Zero Impacts the Energy from Waste Industry

Energy from waste is starting to become quite a big piece of the puzzle now, especially
from the European perspective. There are some 450 energy from waste plants across
Europe. So there is a massive impact on emissions, as this waste contains gases such
as methane. You’re basically reducing the carbon footprint of individuals in cities.”

Aniruddha Sharma
CEO, Carbon Clean

There are three major emission sources from in the carbon footprint of individuals in cities.
urban areas: transportation, construction, Further, as packaging becomes increasingly
and waste management. By utilising CCUS at plant-based, we are able to leverage this
EfW plants, municipal authorities can further process into a negative carbon cycle, which is
decarbonise the waste chain by decarbonising an extremely powerful way to move towards
households and individuals served by municipal net zero or even negative carbon emissions.
waste authorities. This allows for huge reduction

Achieving a Negative Carbon Cycle

with EfW and CCUS
Plants absorb CO2, Which are burned at an EfW
which is turned into plant, and then captured by
consumables CCUS technology

carbonclean.com 15
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry TECHNOLOGY TO ACHIEVE ‘NET ZERO’

Refineries:
Revamping Old Technologies
Oil refineries transform crude oil into various Refineries have several units that emit CO2,
usable petroleum products such as diesel, including steam methane reformers that produce
gasoline, kerosene, jet fuel, liquified natural gas hydrogen, catalytic crackers, and Combined
(LNG), heating oils, and more. These sprawling Heat and Power (CHP) units. The emissions of an
industrial complexes separate the hundreds individual refinery depend on a number of factors,
of different hydrocarbon molecules in crude such as refinery configuration, types of fuel used,
oil into components that are then sold to a and crudes processed (heavy, sour crudes require
variety of different customer segments, who more energy to process than light, sweet crudes).
use them as fuels, lubricants, and feedstocks
in petrochemical manufacturing processes.

Going Net Zero:

How Net Zero Impacts the Refinery Sector
Refineries play a key role in the petroleum are significant due to the nature of the processes
industry, connecting crude oil extraction to used, and the fact that these are large-scale fixed
its downstream segments. While processing locations. This makes CCUS more practical than
by refineries only contributes around 5 to 10 it would be in downstream applications such
percent of the total emissions resulting from oil as individual homes, vehicles, and businesses.
products, the opportunities for reducing these

Using our technology, you can capture more than 90 percent of carbon dioxide from the
smokestacks of refineries. And that’s a universal number you can apply to all sectors.”

Aniruddha Sharma
CEO, Carbon Clean

Major players in the petroleum industry have refineries can move towards net zero quickly,
already begun the shift towards carbon neutrality. easily, and practically. These measures can
BP, Shell, and Total have all pledged to be net zero also become a key competitive differentiator
by 2050, while both Chevron and ExxonMobil have for refineries, as their consumers have greater
announced their own emissions-reduction targets. incentives to use low-carbon fuel. This is
already happening in the aviation industry.
By integrating CCUS with other practices such
as energy efficiency, using low-carbon oil, and
tapping into renewable power generation,

carbonclean.com 16
 AchievingNet
Achieving NetZero
Zeroininthe
theIndustrial
IndustrialSector:
Sector:
How Carbon Capture Technology Brings
How Carbon Capture Technology Brings Real RealSolutions
SolutionstotoIndustry
Industry TECHNOLOGY TO ACHIEVE ‘NET ZERO’

The Competitive Edge of Low-Carbon Fuel

The net zero journey creates a direct line from the refinery all the way to
consumers. From the beginning of 2020, British Airways has begun offsetting
all carbon emissions on domestic flights, as part of its transition towards
achieving net zero by 2050. For international flights, customers can opt
to pay a small fee to offset their carbon emissions from the flight. And British
Airways isn’t alone: through the UN’s adoption of the Carbon Offsetting a nd
Reduction Scheme for International Aviation (CORSIA) in 2016, the global
aviation industry is looking to shift the entire industry towards net zero.

If passengers prefer flying on a low-carbon flight, the only current and

foreseeable option is low-carbon aviation fuel from low-carbon refineries.
This allows net zero refineries to position themselves as providers of
a valuable product — low-carbon fuel — which airlines can sell to their
customers as a premium product, just as British Airways has begun to do.

Combining proven technology to achieve this is happening now. We're

delighted to be a part of the expert consortium assembled by Liquid Wind
to establish commercial-scale eMethanol facilities. Haldor Topsoe, Siemens
Energy, Alfa Laval and Worley along with ourselves will collaborate to
efficiently integrate their technologies and create cost-competitive, carbon
neutral fuel.

carbonclean.com 17
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

Conclusion:
Green Recovery and
Decarbonising Heavy
Industry with CCUS
During the lockdowns resulting from the COVID-19 technology. One proposal under review includes
pandemic, carbon emissions have dropped the European Climate Law, which would enshrine
between 10 to 30 percent globally, with some areas the 2050 carbon net zero objective into EU
witnessing clear skies for the first time in decades. law. As the public demand for solutions to the
The current global health and economic crisis climate issue grows, measures like these will
that has appeared in the wake of the pandemic undoubtedly become more prevalent across
may be an opportunity to make significant the globe.
advances towards net zero, as governments
use economic recovery plans to boost low- While renewable energy, new business models,
carbon industries and bring a “green recovery.” and consumer choices get the most attention
when it comes to “going green,” CCUS has the
Europe in particular has taken major steps greatest potential to quickly make pragmatic
towards supporting a transition to net zero, and powerful reductions to CO2 emissions levels
including the proposal of the European Green with minimal social and economic disruption.
Deal program, an ambitious package of
initiatives to cut emissions and invest in green

carbonclean.com 18
Achieving Net Zero in the Industrial Sector:
How Carbon Capture Technology Brings Real Solutions to Industry

CCUS is the only way you can decarbonise heavy industry. So if you don’t want the
industry to go back to business as usual, you must incentivise them.”

Aniruddha Sharma
CEO, Carbon Clean

As governments take greater action to incentivise fuel emissions. More recently in 2020, the
the transition to a sustainable economy, they have European Development Fund has launched a
recognised the vital role CCUS has to play. In 2018, €1 billion CCUS funding program for European
the US government expanded the 45Q Tax Credit for industry. Governments increasingly understand
CO2 sequestration, while California’s Low Carbon the need to support and incentivise industry
Fuel Standard CCS protocol provides $200/t CO2 adoption of technologies such as CCUS.
for CCUS facilities that reduce transportation

For industry, there has never

been a better time to prioritise the
reduction of carbon emissions.
Advanced CCUS technology provides a scalable TECHNOLOGY TO ACHIEVE ‘NET ZERO’
and increasingly cost-effective means to do so. By
optimising the new opportunities this technology Ready to Achieve Net Zero?
presents, hard to abate industries can begin to
rapidly move towards net zero, transforming their
businesses to successive levels of CONTACT US TODAY
sustainability for the future.

carbonclean.com 19
TECHNOLOGY TO ACHIEVE ‘NET ZERO’

carbonclean.com
Copyright @ Carbon Clean All Rights Reserved