'Global Carbon Capture & Storage Market to be Worth $7.78bn in 2013' Says Visiongain Report

'Global Carbon Capture & Storage Market to be Worth $7.78bn in 2013' Says Visiongain Report PR Newswire LONDON, November 28, 2012 LONDON, November 28, 2012 /PRNewswire/ -- Visiongain's analysis indicates that the global carbon capture & storage market will reach a value of $7.78bn in 2013, as governments and industries along with research institutions invest their resources into curbing greenhouse gas emissions, particularly at coal burning power stations which produce low cost energy but with higher air pollution than any hydrocarbon energy source. The Global carbon capture and storage market is therefore forecast by Visiongain to record moderate and continuous growth over the next decade, as utility companies, gas and chemical processing plants and power companies try to mitigate their imposed costs of carbon emissions and plan future rises in imposed costs into effect. The lead analyst of the Carbon Capture & Storage Market report commented that 'Industrial emissions of greenhouse gases play a significant role in polluting air in some of the most advanced nations around the globe and governments seem to play a more proactive role in implementing policies that take the cost of pollution into account. Carbon capture and storage projects are gradually being implemented; however current projects are predominantly curbed to where CO2 can be used as a commodity or policy is particularly punishing.