Energy and oilUpdated Yesterday

Saudi Arabia targets 44 million tonnes of annual carbon capture and storage capacity by 2035.

Asharq News reported that at COP31 in Antalya, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman set out the kingdom’s target of reaching carbon capture and storage capacity of 44 million tonnes annually by 2035. The future target is part of an approach that seeks to reduce emissions while safeguarding energy security and supporting economic growth. The approach also favors using available solutions and technologies rather than limiting the transition to a single prescribed pathway. The report noted that renewable-energy projects with about 79 gigawatts of capacity are under development in the kingdom.

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