Abstract:
Carbon capture and storage(CCS) technology has become a key approach to addressing climate change and ensuring energy security. The United States attaches great importance to CCS technology. Its support policy, financial investment, technological R&D, and project deployment have taken the lead globally. As major carbon emitters where fossil fuels will dominate for the foreseeable future, both China and the U.S. share similarities in CCS development pathways due to their robust infrastructure and trillion-ton-scale geological storage resources. Systematically summarizing U.S. experience can advance Chinese CCS industry. This paper uses the SWOT model to systematically analyze the internal strengths and weaknesses, as well as external opportunities and threats of the CCS industry in the U.S. It is argued that the U.S. CCS industry has internal strengths such as large geological storage capacity, deep integration of industry-university-research, and clustered development, while facing internal weaknesses including high investment costs, low economic returns, spillover of social benefits, and high environmental risks. In terms of external factors, it benefits from policy support, fiscal subsidies, and tax incentives, but is confronted with threats such as poor policy stability, imperfect regulatory systems, and technological substitution risks. Through SWOT strategic portfolio analysis, this paper explores the development paths of the U.S. CCS industry, including deepening market integration(SO), accelerating CCS hubs(WO), enhancing CCS+ integration(ST), and improving management systems(WT). For Chinese CCS industry development stage, recommendations include establishing comprehensive policy frameworks, strengthening technological innovation systems, and refining market incentive mechanisms.