China Releases Two National CCUS Standards for CO2 Storage Assessment

Standardization is the unglamorous bottleneck in CCUS: without agreed methods for assessing storage potential, projects struggle to move from pilot to bankable. National-level experimental and evaluation standards give regulators, operators and financiers a common reference point, which matters most for oil and gas players eyeing depleted reservoirs. The open question is whether these methods get adopted in actual project approvals and carbon accounting, and whether they align with international verification frameworks that cross-border CO2 trade and credits would depend on.