To decarbonise existing fossil fuel power stations and industrial emissions from steel, cement works and refineries requires the use of carbon capture and storage. Any new coal plants should be fitted with CCS and new gas plants should be designed to be capture ready and suited to enable future CO2 storage.
The UK has struggled to get an early CCS project into development. The need for CCS has not gone away and many countries are now progressing projects. CCS will be a significant market, with China now starting to progress.
CO2 utilisation is also an increasingly interesting area with technologies being developed to re-use CO2 and make value added products.