For the world to mitigate the dangers presented by climate change and deliver its COP26 commitment of net zero by 2050, we need to act immediately to reduce the emission of greenhouse gases into the atmosphere. Industrial production of carbon dioxide, whether during extraction of hydrocarbons or energy generation, is the primary driver of global warming.

Increasing regulatory and shareholder pressure will see CO₂ emitters abate and/or pay to dispose of emissions in a way that demonstrates permanent sequestration.

Of Australia’s top 22 CO₂ emitters, over 80% are taking action to support non-energy-based emissions reduction, demonstrating their need to address abatement limitations. Over half of these companies are implementing carbon capture and storage (CCS) technologies or investing in their development.

The Sea-Quester Carbon Harvester concept creates a step-change in the development and operational economics of offshore carbon geo-sequestration, providing an accelerated path to positive climate action.