Business Case for Carbon Management
Governments and companies around the world are placing increasing value on reducing carbon emissions.
Carbon pricing, emissions targets and corporate decarbonisation commitments are creating demand for practical solutions that can deliver measurable emissions reductions.
For dCS, the opportunity is fundamentally an infrastructure and services business.
CStore1 is being developed to provide services covering the transport, receipt and permanent geological storage of captured CO₂.
As climate policies and carbon markets evolve, these services can help hard-to-abate industries manage emissions while remaining internationally competitive.
Carbon pricing at a glance
According to World Bank Group’s State and Trends of Carbon Pricing 2026 report (link):
As of April 2026, there are 87 ETSs and carbon taxes (collectively “Carbon Pricing Instruments” or “CPIs”) are in force across 47 countries and a regional Emissions Trading Systems (ETSs) in the European Union. This covers 29% of global greenhouse gas emissions.
The average carbon price across implemented instruments has doubled between 2016 and 2026 from US$ 10/tCO2e to nearly US$ 21/tCO2e, driven by ETS price increases.
Annual government revenues from CPIs in 2025 was over US$ 107 billion. CPIs have risen from under US$ 30 billion in 2016 to over US$ 100 billion each year, in real terms, since 2021.
