This is the interchange Recharged. I'm David Bannmiller. Welcome. One of the key topics of discussion at COP28 this year was the need to phase down fossil fuels.

In hard-debate sectors, the use of carbon capture and storage to decrease emissions is seen as a key piece.

The IEA estimates that CCS is expected to capture 6 billion tons of CO2 by 2050 and 1.5 billion tons in the next six or so years.

Presently, though, is the technology scalable and is it too expensive? On the show today, we look at some of the innovations in CCS that are challenging these notions.

Ocker Carbon Capture is a provider with a few major projects underway,

and they've signed an MOU with Microsoft to pursue joint innovation in the space.

David Phillips is head of capital markets and new market strategy at O'Kker.

We build the actual carbon capture facilities for our customers in the emitting space in the industrial world.

We're at early Uber, so we actually are delivering seven facilities in Europe right now in Scandinavia and mainland Europe.

Hannah Rowland is head of sustainability at Ocker.

It is very often not the core business of the company that are looking to deploy CCS.

So when we are talking with the smaller emitters, whatever we can do to make it easier for them to move forward with the solution is important.

The way to reduce the barriers for deployment.

And Oli Henrik Re is industry lead for energy and Microsoft.

He'll explain later how carbon removal is advancing all the time and why CCS is top of Microsoft's ESG agenda.

Hena, Oli, David, welcome.

Thanks for joining us.

Thank you.

Thank you.

Thank you.

So we actually recently had our Wood-McKenzie CCUS summit last month.

Very, very interesting, standing room only.

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