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WoodMac: As US seeks innovative ways to cut GHG emissions, offshore carbon capture storage projects in US Gulf of Mexico could play influential role in meeting future goals; there are currently 22 CCS projects in US, which account for 19% global activity

Wood Mackenzie: Few oil/gas companies have set Scope 3 net-zero goals; paths to Scope 3 net-zero aren't easy and include aggressive diversification into renewables, expansion of carbon capture and storage, transition to development of low-emissions fuels

WoodMac: Asia Pacific’s booming power demand provides huge opportunity for renewable power developers, expected to drive US$1.8T in investments in clean energy over next decade, but risks grow as renewable energy is not currently competitive with coal

WoodMac: Decarbonizing global steel/iron ore industry by 2050 will require US$1.4T of investment, which includes US$200B-US$250B investment in carbon offset measures; industry will need to capture and store 470 million tonnes of carbon to hit 2050 target

WoodMac: Inflation Reduction Act could boost US solar energy growth by 40%; legislation could result in additional 62 GW of solar installations over baseline projections, boosting total solar installations to 336 GW by 2027, nearly triple current 129 GW

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