Driving Sustainable Growth: Key Areas Identified Amidst Climate Policy Uncertainty
Key Ideas
  • CCUS technologies remain a focus with the US leading in carbon capture efforts and the EU mandating CO2 storage capacity targets.
  • The utilization of CO2 is incentivized, particularly for applications like enhanced oil recovery and emerging sectors such as chemicals and building materials.
  • Investment opportunities exist in renewable energy technologies for data centers, with major companies like Amazon and Microsoft driving the shift towards carbon-free energy.
  • Despite initial costs, regulations and incentives worldwide are pushing for sustainable technology development, with companies setting carbon neutrality targets and investing in carbon removal technologies.
As the United States steps back from the Paris Agreement, concerns arise about the future of sustainable technologies. IDTechEx highlights key areas for sustainable growth. Carbon capture technologies (CCUS) remain crucial, with the US leading efforts and the EU setting targets for CO2 storage. Incentives for CO2 utilization, like tax credits, drive applications in various sectors. Renewable energy technologies, from hydrogen fuel cells to small modular reactors, are highlighted for data center investments. Companies like Amazon and Microsoft are investing in carbon-free energy. Despite challenges, regulations and incentives worldwide are propelling sustainable technology development, with a focus on carbon neutrality and green technologies.
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