Given the rising trend toward pursuing transition to a low-carbon and emission-free future against the backdrop of growing climate change concerns, the Asia Natural Gas and Energy Association (ANGEA) has highlighted the key role Australia’s domestic carbon capture and storage (CCS) industry can play in helping Asia Pacific to reach its decarbonization goals, if the country sorts out its regulatory and policy settings.

While using the EY report , ‘ Beneath the surface: The economic potential for carbon capture and storage in Australia’s eastern states ,’ to spotlight the potential of the domestic carbon capture and storage industry in Australia, ANGEA highlighted an even bigger opportunity to contribute to regional emissions reduction, portraying the opportunity domestic CCS offers for the start of “something much bigger” for the country.