The report highlights the importance of the International Carbon Capture and Storage Institute (ICCS) and its global projects for carbon capture and storage. The report states that the ICCS has started the first global project for carbon capture and storage in the energy sector in Burnaby, Canada in 2014, and additional projects are planned in British Columbia and Texas in 2015 and 2016, respectively. The report also mentions four other large-scale carbon capture and storage projects in various sectors, including the energy, iron and steel, and United Arab Emirates sectors. The report concludes that the global carbon capture and storage industry is rapidly growing, and there is a need to discuss how to best implement carbon capture and storage as part of the most cost-effective approach to reducing greenhouse gas emissions.
