Decarbonisation refers to any measures made to reduce carbon footprint.

Industrial decarbonisation has progressed at an unprecedented pace over the last decade.

Large multinationals are now using their limitless resources, expertise, and knowledge to speed up the decarbonisation process and aid the movement toward a net-zero global economy.

Honeywell International, for instance, became the technology provider for the Arthit Carbon Capture and Storage Project in the Gulf of Thailand.

Honeywell will be deploying its Separex Membrane Technology (which removes contaminants from natural gas) to store the sequestered CO2 in deep-set reservoirs geologically.

In Scandinavia, Norway-based Aker Carbon Capture unveiled the world’s first-ever carbon capture plant for smelters (metal extractors) in January 2023.

In addition, some startups are deftly combining CCS solutions with carbon utilisation.

For example, SeeO2 Energy, a startup headquartered in Calgary, Canada, has developed reverse fuel cell technology.

This technology not only captures CO2 but also enables its conversion into marketable, value-added, finished products.