The multi-fold growth in CO2 capture will translate into strong revenue and cash flow upside for the best carbon capture companies. Therefore, robust growth visibility exists even beyond the decade. It’s expected that by 2030, CO2 being captured will increase to 279 million tons, accounting for just 0.6% of today’s emissions. This makes a strong case for investing in some of the best carbon capture stocks.Īnd, with growth potential, the amount of CO2 being captured today is 43 million tons. According to the International Energy Agency, “ 40 commercial facilities are already in operation applying carbon capture, utilization and storage.” Further, growth estimates for the industry are optimistic through the decade.
If we look at some of the major trends towards decarbonization, carbon capture is becoming increasingly relevant.
