By the Numbers: Capturing Carbon is a Global Problem with US Solution

More than 100 carbon capture projects are in development, mostly in the U.S., and when complete will come nowhere near achieving emission-reduction goals.

A rendering depicts what Carbon Engineering’s large-scale direct air capture plants, such as the Oxy Low Carbon Ventures and Rusheen Capital Management project in the Permian Basin, will look like. (Source: Carbon Engineering)

A rendering depicts what Carbon Engineering’s large-scale direct air capture plants, such as the Oxy Low Carbon Ventures and Rusheen Capital Management project in the Permian Basin, will look like. (Source: Carbon Engineering)

Global emissions of CO2 is a shared problem. China leads in absolute emissions, accounting for about 30% of the global total and double that of the next in line, the U.S.

India and Russia follow, and Japan completes the top five as its leader in per capita emissions. Together, the five leading emitters account for about 58% of the world’s total.

When it comes to capturing that carbon, the math is simpler: there is the U.S. and everybody else far behind the U.S.

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Joseph Markman

Joseph Markman, senior editor for Hart Energy, covers markets and provides data analysis for all Hart Energy editorial products.