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Oil and Natural Gas Superintendency 2026 DISCLAIMER

2 Theinformationprovidedhereinreflectstheviewsofthe EnergyResearchOffice(EmpresadePesquisaEnergética– EPE).However,thecontentpresentedinvolvesarangeof knownandunknownrisksanduncertainties.Therefore,the dataandanalysescontainedinthisdocumentshouldbeused forreferencepurposesonlyanddonotconstituteaguarantee offutureoutcomesorevents. Thisdocumentisinformationalinnatureandisintendedto supportnationalenergysectorplanning.Accordingly,any decisionsregardingfollow-upactions,suchastheformulation ofpublicpolicies,thedefinitionofstrategicguidelines, investmentdecisions,orbusinessstrategies,fallunderthe responsibilityofotherpublicandprivateinstitutions. EPEdisclaimsanyliabilityforactionsordecisionstakenby economicagentsoranyotherpartiesbasedonthe informationcontainedinthisdocument. DISCLAIMER

3 PUBLIC VALUE EPEconductsstudiesandresearchtosupportthe formulation,implementation,andevaluationofBrazil’senergy policyandplanning. Withinthedecarbonizationagenda,EPEcontributesto improvingthequalityofthedebateandsupporting decision-makingoncarboncapture,transport,utilization,and geologicalstoragepathwaysinBrazil,throughthe organizationandsystematizationofrelevanttechnical information. Thesecondeditionofthispublicationexpandsandupdates thedatabase,incorporatingmethodologicalenhancements designedtomoreaccuratelyreflectthegeological,productive, andlogisticaldiversityofthecountry’sdifferentregions. Acknowledgingthelimitationsinherenttothisexercise,the documentispresentedasatechnicalreferencetosupport planningandtheprioritizationofopportunitiesacrosscarbon captureandstoragepathways,whilealsohelpingtoreduce informationasymmetriesamonginstitutions,sector stakeholders,andsocietyatlarge. DISCLAIMER

4 Sources: GCCSI (2025) and IEA (abr/2025) 64 44 405 48 47 467 0 50 100 150 200 250 300 350 400 450 500 OperacionalEm construçãoPlanejado 77 47 610 49 44 352 0 100 200 300 400 500 600 700 OperacionalEm construçãoPlanejado GCCSIIEA Number of projectsCapture capacity (MtCO₂/year) CCS PROJECTS AND CAPTURE CAPACITY WORLDWIDE, IN 2025 1 TheacronymCCS(carboncaptureandstorage)isusedasanumbrellatermtoencompassthedifferent pathwaysinvolvingCO₂capture—whetherfrompointsourcesordirectlyfromtheatmosphere—itstransport,and itsstorage,whetherpermanentornot(thusincludingutilizationpathways). Source: GCCSI (2025) Number of projects 628 734 2024 2025 Capture capacity (MtCO₂/year) 416 513 2024 2025 23% 17% Acceleratedexpansionphase,drivenbymorerobustpolicies,increased private-sectorengagement,andtheexpansionofglobalinfrastructure. 2025 marked a milestone with the start of operations of Northern Lights, the world’s first cross-border CO₂transport and storage hub. Global Landscape of CCS Pathways National Context 2024–2025 Objectives and Action Pillars of the EPE Project Methodology and Impacts The Brazilian PerspectiveRegional Analyses Final Remarks

5 Employment growth associated with projects in: Global Landscape of CCS Pathways National Context 2024–2025 Objectives and Action Pillars of the EPE Project Methodology and Impacts Regional Analyses By the end of the decade... North America and the European Union are expected to remain the main global CCS hubs, with the latter accelerating the deployment of regional hub-based infrastructure. The integration of CCS with natural gas-fired power plants enables the provision of firm, competitive, and low-carbon electricity, a relevant attribute to support the projected expansion of artificial intelligence data centers. Accelerated expansion phase, driven by more robust policies, increased private-sector engagement, and the expansion of global infrastructure. 2025 marked a milestone with the start of operations of Northern Lights, the world’s first cross-border CO₂transport and storage hub. HYDROGEN LOW-CARBON AMMONIA POWER GENERATION INDUSTRIAL HEAT Final Remarks The Brazilian Perspective Sources: GCCSI (2025) and IEA (abr/2025) Number of projectsCapture capacity (MtCO₂/year) CCS PROJECTS AND CAPTURE CAPACITY WORLDWIDE, IN 2025 1 TheacronymCCS(carboncaptureandstorage)isusedasanumbrellatermtoencompassthedifferent pathwaysinvolvingCO₂capture—whetherfrompointsourcesordirectlyfromtheatmosphere—itstransport,and itsstorage,whetherpermanentornot(thusincludingutilizationpathways). Source: GCCSI (2025) Number of projects 628 734 2024 2025 Capture capacity (MtCO₂/year) 416 513 2024 2025 23% 17%

6 Law No. 15,042/2024 Brazilian Emissions Trading System (SBCE) Law No. 14,993/2024 Fuel of the Future Establishment of the CCUS Subcommittee Oil and Natural Gas E&P Policy Department (DEPG/SNPGB/MME) Public consultation on the draft decree regulating CCS/CCUS/BECCS SBCE Implementation Roadmap Ministry of Finance Decree No. 12,677 Establishment of the Extraordinary Secretariat for the Carbon Market (Semc) Decree No. 12,768 Establishment of the Permanent Technical Advisory Committee of the SBCE 2024 2025 oct dec nov oct dec jul Global Landscape of CCS Pathways National Context 2024–2025 Objectives and Action Pillars of the EPE Project Methodology and Impacts Regional Analyses CLIMATE PLAN AND THE ROLE OF CCS PATHWAYS IN BRAZIL IntheClimatePlan(2024–2035),BECCSandCCS/CCUSareaddressedas relevantpathwaystosupporttheachievementofclimatetargets,by enablingbothemissionsmitigationinhard-to-abatesectorsandthe compensationofresidualemissionsoverthelongterm(MMA, 2025). ENR.E.09 – Developbioenergyproductionwithcarbon captureandstorage(Bio-CCS) ENR.E.10 – Strengthenbiomassproductionforenergy use ENR.E.13 – Promote infrastructure for carbon dioxide transport and storage Four related structural actions are identified: ENR.E.08 - DevelopCarbonCapture,Transport,Use, andStorage CCS/CCUS 1

BECCS 1 CCSandCCUSsolutionsarelinkedtoaspecificlong-termstructuralaction(ENR.E.08),whichisdirectly influencedbyotheractions,suchasENR.E.13 Final Remarks The Brazilian Perspective

7 Global Landscape of CCS Pathways National Context 2024–2025 Objectives and Action Pillars of the EPE Project Methodology and Impacts Regional Analyses FS UISA ISI Biomassa, Petrogal Brasil and LIPACT/UFRJ Repsol Sinopec Brasil and PUC/RS Eneva Repsol and SENAI CIMATEC ExxonMobil and Lagesed (UFRJ) Manacá CCS Petrobras Petronas Brasil and Unicamp Petrobras Petrobras Petrobras e Braskem Origem Energia Repsol and UFRN Vale and Circlua Final Remarks The Brazilian Perspective Law No. 15,042/2024 Brazilian Emissions Trading System (SBCE) Law No. 14,993/2024 Fuel of the Future Establishment of the CCUS Subcommittee Oil and Natural Gas E&P Policy Department (DEPG/SNPGB/MME) Public consultation on the draft decree regulating CCS/CCUS/BECCS SBCE Implementation Roadmap Ministry of Finance Decree No. 12,677 Establishment of the Extraordinary Secretariat for the Carbon Market (Semc) Decree No. 12,768 Establishment of the Permanent Technical Advisory Committee of the SBCE 2024 2025 oct dec nov oct dec jul CLIMATE PLAN AND THE ROLE OF CCS PATHWAYS IN BRAZIL IntheClimatePlan(2024–2035),BECCSandCCS/CCUSareaddressedas relevantpathwaystosupporttheachievementofclimatetargets,by enablingbothemissionsmitigationinhard-to-abatesectorsandthe compensationofresidualemissionsoverthelongterm(MMA, 2025). ENR.E.09 – Developbioenergyproductionwithcarbon captureandstorage(Bio-CCS) ENR.E.10 – Strengthenbiomassproductionforenergy use ENR.E.13 – Promote infrastructure for carbon dioxide transport and storage Four related structural actions are identified: ENR.E.08 - DevelopCarbonCapture,Transport,Use, andStorage CCS/CCUS 1

BECCS 1 CCSandCCUSsolutionsarelinkedtoaspecificlong-termstructuralaction(ENR.E.08),whichisdirectly influencedbyotheractions,suchasENR.E.13

8 Consolidate EPE as a national reference by connecting CCUS to other decarbonization alternatives in the energy and industrial sectors Axis 5 INTEGRATION Strengthen EPE’s contribution to CCS/BECCS/DACCS/ CCUS planning, enhancing coherence between public policy guidelines and regional realities Axis 4 PLANNING Map sector-specific opportunities and challenges, supporting the assessment of
carbon capture and storage pathways as an industrial decarbonization strategy Axis 3 INDUSTRIAL SECTORS Identify and differentiate hotspots suitable for different pathways (CCS, BECCS, DACCS, and CCUS), considering geological and logistical conditions Axis 2 HOTSPOTS AND ROUTES Enhance the methodology developed since the first cycle (published in 2024), expanding the capacity for data extraction, qualification, and interpretation Axis 1 METHODOLOGY Update the relevance map for carbon capture, transport, and geological storage, integrating the technical and economic evidence currently available in Brazil Objective MAPPING Global Landscape of CCS Pathways National Context 2024–2025 Objectives and Action Pillars of the EPE Project Methodology and Impacts Regional Analyses Final Remarks The Brazilian Perspective

9 Global Landscape of CCS Pathways National Context 2024–2025 Objectives and Action Pillars of the EPE Project Methodology and Impacts Regional Analyses 06 01 02 03 04 05 STORAGE SITES Qualitatively identifies geological formations with potential for subsurface CO₂storage. Three main classes are considered: (i) depleted or depleting oil and gas fields, (ii) saline reservoirs, and (iii) mafic/ultramafic rocks with mineralization potential (storage via chemical reaction). Applies minimum viability criteria: the presence of a geological seal (to reduce leakage risk); a typical depth of ≥ 800 m for depleted fields and saline reservoirs (conditions under which CO₂ tends to remain in a supercritical state); and a differentiated criterion of ≥ 400 m for mafic/ultramafic rocks, reflecting the nature of mineral trapping mechanisms. KNOWLEDGE FRAMEWORK Shows where geological and geophysical data are available to support more reliable technical decisions regarding geological CO₂storage. It serves as an indicator of subsurface knowledge maturity, combining the presence of exploratory wells and 2D/3D seismic surveys. In practice, it helps distinguish areas with higher uncertainty (limited data) from better-characterized regions (more extensive data), supporting the prioritization of investments in additional studies, exploratory campaigns, and risk reduction ahead of demonstration or commercial projects. TRANSPORT INFRASTRUCTURE Indicates the presence of infrastructure capable of enabling CO₂transport from capture points to geological storage sites and/or utilization locations. The focus is on transport modes with established use or applicability in international projects: pipelines, port facilities, roads, and railways. The underlying assumptions aim to reflect operational feasibility; for instance, port facilities with incompatible uses (e.g., tourism) and unpaved road networks that would hinder sustainable CO₂ transport by trucks are excluded. This layer is a key input for understanding costs, scale, and connectivity of potential hubs. BECCS -IMMEDIATE AVAILABILITY OF BIOGENIC CO₂ Represents currently available biogenic CO₂sources (based on actual 2024 production) that generate relatively pure and concentrated streams -particularly from ethanol fermentation (sugarcane and corn) and biomethane-related pathways. Given their lower capture complexity, these sources tend to require more limited investments (e.g., compression, logistics, and storage). Functions as a short-term prioritization indicator for BECCS, identifying where projects are more likely to be deployed rapidly, accelerating learning effects, market development, and the potential large-scale generation of negative emissions. BECCS -POTENTIAL AVAILABILITY OF BIOGENIC CO₂ Broadens the analysis to less immediate opportunities associated with future expansion -such as new ethanol plants and increased biomethane production -as well as sources requiring additional capture infrastructure (e.g., cogeneration exhaust gases or processes with more diluted CO₂streams, such as pulp and paper industries). Supports medium-term planning by indicating where BECCS may expand through more robust investments and industrial integration, helping anticipate infrastructure needs (transport and storage) and policy measures required to enable scale-up. POTENTIAL CCS/CCUS DEMANDERS Identifies industrial facilities facing greater decarbonization challenges and, therefore, with a higher likelihood of considering CCS/CCUS as a mitigation pathway. It highlights the spatial distribution of major emission sources, enabling the identification of industrial clusters with potential to support hubs, shared infrastructure, and systemic cost reductions—while also indicating where higher demand for carbon credits may emerge. Seven sectors are considered: steel, cement, oil and gas (O&G) production, refining, chemical industry, mining, and fossil-fuel-fired thermal power plants (TPPs). For steel, cement, chemicals, and mining, emissions estimated for 2024 are used; for O&G production and refining, 2023 data are adopted. In the case of fossil TPPs, only plants operating between 2021 and 2025 are included, using the period average to reduce the influence of hydrological variability on thermal dispatch. Final Remarks The Brazilian Perspective

10 Global Landscape of CCS Pathways National Context 2024–2025 Objectives and Action Pillars of the EPE Project Methodology and Impacts Regional Analyses 01 EXPLORATORY AND QUALITATIVE NATURE The map is intended to indicate territorial trends that must be validated through project-specific analyses. It is reinforced that permanent storage is the priority, while CO₂utilization is considered an additional benefit. 02 DIVERSITY OF STORAGE SITES An increase in geological heterogeneity among basins is observed, with particular emphasis on proximal portions of offshore basins, regions with depleted oil and gas fields, and emerging prospects in basins such as the Paraná Basin. 03 DATA AND INFRASTRUCTURE BOTTLENECKS Limited data availability in inland areas and the lack of dedicated CO₂ transport infrastructure remain key bottlenecks to the advancement of CCS pathways. Connecting emission sources to geologically secure and technically robust sinks is essential! SHARED INFRASTRUCTURE AND HYBRID LOGISTICS The development of hubs with shared compression and transport infrastructure is strategic to dilute costs and attract investors, while the combination of different transport modes helps overcome regional challenges and connect isolated emitters. 04 05 BIOENERGY AS A LEVER The availability of high-purity CO₂streams, combined with expansion potential, technological maturity, and integration with climate policies, positions the bioenergy sector as strategic for scaling up BECCS. Estimates from the PNE 2055 indicate a removal potential of over 140 MtCO₂eqassociated with the production of liquid biofuels and biomethane. 06 OPPORTUNITIES FOR INDUSTRIAL EMISSIONS The proximity between major emission hubs and areas with storage potential, combined with growing competitive pressures from policies such as the Carbon Border Adjustment Mechanism (CBAM), underscores the need to accelerate CO₂hubs, with CCUS acting as a strategic solution to decarbonize hard-to-abate sectors. Final Remarks The Brazilian Perspective

11 Global Landscape of CCS Pathways National Context 2024–2025 Objectives and Action Pillars of the EPE Project Methodology and Impacts Regional Analyses STORAGE SITESKNOWLEDGE FRAMEWORKTRANSPORT INFRASTRUCTURE BECCS -IMMEDIATE AVAILABILITYBECCS - POTENTIAL AVAILABILITY POTENTIAL CCS/CCUS DEMANDERS Aço CimentoO&GUTEsRefinoMineraçãoQuímica Papel e Celulose Milho FAVORABLE FACTORS Availability of a diverse set of storage sites of presumed good geological quality. Good coverage of geological and geophysical data, supporting the pre-screening of priority areas. Concentration of the country’s most extensive network of pipelines, roads, and ports. Large volume of emissions from industrial activities and the sugar-energy sector. Long-standing experience with continuous CO₂ injection for EOR. KEY CHALLENGES Storage sites located in ultra-deep waters pose logistical and cost challenges for offshore storage. MARKET SIGNALS Growth in multi-sector memoranda of understanding and letters of intent, covering both onshore and offshore basins. TARGET INDUSTRIES SteelCement O&GRefiningMiningThermal Power Plants (TPPs) SugarcaneBiomethane Cana Biometano Southeast 12,8 MtCO 2 117,9 MtCO 2 92,9 MtCO 2 Final Remarks The Brazilian Perspective

12 Global Landscape of CCS Pathways National Context 2024–2025 Objectives and Action Pillars of the EPE Project Methodology and Impacts Regional Analyses STORAGE SITESKNOWLEDGE FRAMEWORKTRANSPORT INFRASTRUCTURE BECCS -IMMEDIATE AVAILABILITYBECCS - POTENTIAL AVAILABILITY POTENTIAL CCS/CCUS DEMANDERS Northeast FAVORABLE FACTORS Reservatório maduros de alta qualidade (Bahia, Sergipe, Rio Grande do Norte). Bacia do Parnaíba é polo de conhecimento. Boa cobertura de dados que podem auxiliar a pré-seleção de áreas no litoral. Rede robusta de gasodutos e portos. Cana e biometano se destacam para BECCS. Emissões industriais significativas. KEY CHALLENGES Need to expand investments to reduce geological data asymmetries and accelerate the developmentpotential of coastal hub-based solutions SOCIOECONOMIC IMPACT Strategic opportunity for the creation of skilled jobs and the retention of regional technical capacity. TARGET INDUSTRIES SteelCement RefiningMiningThermal Power Plants (TPPs) SugarcaneBiomethane Chemical Industry 1,4 MtCO 2 20,8 MtCO 2 24,5 MtCO 2 Final Remarks The Brazilian Perspective

13 Global Landscape of CCS Pathways National Context 2024–2025 Objectives and Action Pillars of the EPE Project Methodology and Impacts Regional Analyses STORAGE SITESKNOWLEDGE FRAMEWORKTRANSPORT INFRASTRUCTURE BECCS -IMMEDIATE AVAILABILITYBECCS - POTENTIAL AVAILABILITY POTENTIAL CCS/CCUS DEMANDERS South FAVORABLE FACTORS Abundance of biomass, including sugarcane and corn fermentation, as well as biomethaneand CO₂streams from the pulp and paper industry. Potential storage sites in the Paraná Basin basalts, with prospects for CO₂mineralization. Good coverage of geological and geophysical surveys. Extensive transport network, supported by roads and pipelines KEY CHALLENGES Need to demonstrate the viability of different storage site options and to expand data coverage toward inland areas. COMPETITIVE ADVANTAGE Decarbonization of the pork and animal protein export value chains supports competitiveness by helping overcome carbon-related barriers in global markets TARGET INDUSTRIES Cement RefiningThermal Power Plants (TPPs) SugarcaneBiomethane Chemical Industry Pulp and Paper Livestock Final Remarks The Brazilian Perspective 20,2 MtCO 2 19,4 MtCO 2 0,8 MtCO 2

14 Global Landscape of CCS Pathways National Context 2024–2025 Objectives and Action Pillars of the EPE Project Methodology and Impacts Regional Analyses STORAGE SITESKNOWLEDGE FRAMEWORKTRANSPORT INFRASTRUCTURE BECCS -IMMEDIATE AVAILABILITYBECCS - POTENTIAL AVAILABILITY POTENTIAL CCS/CCUS DEMANDERS Central-West FAVORABLE FACTORS National leadership in the production of grains, animal protein, and agro-industrial inputs, alongside a decisive role in the global corn ethanol market. The adoption of CCS pathways would further enhance the competitiveness of exports. Potential synergies with low-carbon hydrogen production and nitrogen fertilizer plants. KEY CHALLENGES The expansion of transport infrastructure, deepening of the geological knowledge framework specific to local basins, and strengthening of regional research centers capable of conducting exploratory and monitoring activities are required. O MARCO ZERO Brazil’s first fully integrated BECCS project: FS Project (Lucas do Rio Verde, MT). Approved financing of BRL 384.3 million (BNDES). TARGET INDUSTRIES CementSugarcaneBiomethane Pulp and Paper Corn Livestock Final Remarks The Brazilian Perspective Lower Higher Lower Higher Lower Higher Lower Higher Lower HigherLower Higher 11,9 MtCO 2 49,5 MtCO 2 6,0 MtCO 2

15 Global Landscape of CCS Pathways National Context 2024–2025 Objectives and Action Pillars of the EPE Project Methodology and Impacts Regional Analyses STORAGE SITESKNOWLEDGE FRAMEWORKTRANSPORT INFRASTRUCTURE BECCS - POTENTIAL AVAILABILITY POTENTIAL CCS/CCUS DEMANDERS North REGIONAL VOCATION The region’s unique forest cover has historically posed challenges to the deployment of transport infrastructure and limited the availability of geological data. Nature-based Solutions (NbS)should therefore constitute the primary axis of climate actionin the territory OPPORTUNITIES A tendency toward site-specific projects(notably in Amazonas and Pará, near the Maranhão border), with the potential development of isolated hubs. Utilization of captured CO₂as a value-added input, fostering local markets and reducing logistical dependencies INNOVATION Initiatives such as the Vale/Circlua project, which focuses on converting tailings from the CarajásComplex into low-emission cement, enhance circularity and expand the range of opportunities associated with the carbon capture and storage value chain TARGET INDUSTRIES Thermal Power Plants (TPPs) MiningO&G O Brasil reúne geografia, base técnica, política e interesse empresarial crescentes para escalar CCS e liderar a oferta de commodities de baixo carbono Ecossistema Favorável A ausência de infraestrutura de transporte dedicada é um dos maiores gargalos nacionais. A concentração no litoral facilita transporte em escala, mas a interiorização requer soluções robustas e marcos regulatórios claros. Hubs compartilhados precisam ser acelerados. Logística O setor de bioenergia combina CO₂ de alta pureza já disponível com capacidade de expansão apoiada pela oferta de biomassa sustentável, maturidade tecnológica e integração histórica com políticas climáticas. Nesse contexto, o Brasil possui uma posição privilegiada para ampliar o efeito da rota de BECCS mundialmente. Força do BECCS SE e NE apresentam alta viabilidade para hubs industriais, combinando infraestrutura legada do O&G, concentração de emissões e proximidade a bons sítios de armazenamento. O CO e Sul despontam com forte potencial para BECCS voltado ao agro, mas dependem de avanços no arcabouço de dados geológicos específicos e infraestrutura de transporte, especialmente dutos. Diagnóstico Regional A utilização do CO₂ acompanha polos emissores, mas deve atuar como benefício adicional, não como motor inicial dos investimentos em CCS Uso como Co-benefício A integração das evidências confirma a capacidade brasileira de capturar, transportar e armazenar CO₂, e pede cooperação ampliada para avançar em métricas e projetos. Potencial Nacional Apesar dos desafios regulatórios e técnicos, o Brasil possui condições únicas para aplicar múltiplas rotas de CCS. A integração com outras alternativas para descarbonização é possível, necessária e viável. Oportunidade Favorável Final Remarks The Brazilian Perspective Lower Higher Lower Higher Lower Higher Lower Higher Lower HigherLower Higher BECCS -IMMEDIATE AVAILABILITY 0,2 MtCO 2 4,5 MtCO 2 5,5 MtCO 2

16 Brazil brings together geography, technical capacity, public policy, and growing private-sector interest to scale up CCS and position itself as a leader in the supply of
low-carbon commodities Favorable Ecosystem The lack of dedicated CO₂transport infrastructure remains one of the country’s main bottlenecks. While coastal concentration facilitates large-scale transport solutions, inland expansion requires robust technical solutions and clear regulatory frameworks. The acceleration of shared hub-based infrastructure is essential Logistics The bioenergy sector combines readily available high-purity CO₂streams with strong expansion potential, supported by a sustainable biomass supply, technological maturity, and long-standing integration with climate and carbon-pricing policies. In this context, Brazil holds a privileged position to scale up the BECCS pathway globally Strength of BECCS The Southeast and Northeast regions show high feasibility for industrial hubs, combining legacy O&G infrastructure, emission concentration, and proximity to high-quality storage sites. The Center-West and South regions stand out for BECCS-oriented agro-industrial applications, but depend on advances in basin-specific geological data and transport infrastructure, particularly pipelines RegionaL Assessment CO₂utilization tends to follow emission hubs but should act as an additional benefit, rather than the primary driver of
initial CCS investments Utilization as a co-benefit The integration of available evidence confirms Brazil’s capability to capture, transport, and store CO₂, while highlighting the need for expanded cooperation to advance metrics, governance, and project development National Potential Brazil presents favorable conditions to advance multiple CCS pathways, with applications across the energy and industrial sectors. The realization of this potential requires the coordinated acceleration of policies and projects, supported by risk-mitigation instruments, first-of-a-kind project deployment, and market creation, in order to enable scale and effectively contribute to climate targets. Integration with other decarbonization strategies is possible and necessary Favorable Opportunity Global Landscape of CCS Pathways National Context 2024–2025 Objectives and Action Pillars of the EPE Project Methodology and Impacts Regional Analyses Final Remarks The Brazilian Perspective

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