How much CO2 can be captured and stored with current technology?

Current technology can capture and store millions of tonnes of CO2 annually, but scaling up is necessary to meet global climate targets.

With current technology, individual CCUS projects can capture and store millions of tonnes of CO2 each year. For example, some operational projects are already capturing and storing up to 5 million tonnes of CO2 annually. However, to make a significant impact on global CO2 emissions, CCUS deployment needs to be scaled up substantially. According to the International Energy Agency, by 2050, CCUS will need to capture and store around 7.6 gigatonnes of CO2 annually to meet climate goals, requiring significant investment and technological advancements.