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Saudi-China Collaboration Under the Circular Carbon Economy: Priorities and Opportunities in CCUS

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  • King Abdullah Petroleum Studies and Research Center

    (King Abdullah Petroleum Studies and Research Center)

Abstract

Rising ambitions for an energy transition are changing how energy suppliers and consumers think about fuel supply chains. These energy transition ambitions have revitalized interest in alternative energies and technological solutions that reduce greenhouse gas (GHG) emissions to combat climate change. For example, hydrocarbon producers are considering several technological pathways to decarbonize their oil and gas value chains, including carbon capture, utilization, and storage (CCUS) and hydrogen energy. Energy-importing countries are wary of the carbon intensity of fossil fuels and are increasingly taking measures to prevent “carbon leakages.”

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  • King Abdullah Petroleum Studies and Research Center, 2024. "Saudi-China Collaboration Under the Circular Carbon Economy: Priorities and Opportunities in CCUS," Workshop Briefs ks--2023-wb02, King Abdullah Petroleum Studies and Research Center.
    • Handle: RePEc:prc:wbrief:ks--2023-wb02
    DOI: 10.30573/KS--2023-WB02
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    File URL: https://www.kapsarc.org/research/publications/saudi-china-collaboration-under-the-circular-carbon-economy-priorities-and-opportunities-in-ccus/
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    Keywords

    Circular Carbon Economy (CCE); Saudi Arabia;

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