SEA’s industrial emissions remain a major challenge, with sectors like cement, steel, and power generation locked into high-carbon infrastructure. Carbon capture, utilization, and storage (CCUS) is widely seen as a crucial tool for hard-to-abate emissions, yet adoption lags due to high costs and weak carbon pricing mechanisms ($20–$30 per tonne vs. $80+ in the US/EU). As new revenue models emerge—enhanced oil recovery, CO₂-based products, mineralization—we are exploring whether CCUS could become economically and politically viable in SEA.
