Global warming has become an issue that concerns all of humankind. Many countries, including the world’s biggest emitters, have begun to set ambitious goals for net-zero CO2 emissions thanks to the Paris Agreement, which sets out a global framework to limit climate change and the more advanced agreement at the 26th United Nations Climate Change Conference (COP26) in Glasgow, UK. However, these ambitious goals cannot be achieved simply through converting to CO₂-free alternative fuels alone. Additional efforts must be made to reduce CO₂ emissions, such as power-saving and energy efficiency improvements in existing infrastructure. Carbon Capture and Utilization (CCU) or Carbon Capture and Storage (CCS) technologies, which separate and collect CO2 before it is emitted and accumulated so it can be used effectively as a resource, are also important for achieving these goals.

One distinctive feature of CCUS is that it can be used to decarbonize existing infrastructure without causing damage to it (which would render it a stranded asset). Optimizing the design of the CCUS value chain depends on a variety of factors, including carbon emissions volumes, geographical considerations such as distance from emissions source to storage and utilization sites, and national policies. Mitsubishi Heavy Industries (MHI) Group can provide a one-stop solution including CO₂ capture equipment, compressors, and carriers to transport liquefied CO₂ (LCO₂ carriers) to establish a CCUS value chain. This solution meets a range of criteria while saving social expenditures by utilizing existing infrastructure.