The China Mail - US to invest $1.2 bn on facilities to pull carbon from air

USD -
AED 3.67297
AFN 70.194729
ALL 86.94804
AMD 386.20203
ANG 1.789679
AOA 916.999636
ARS 1138.393803
AUD 1.5482
AWG 1.8025
AZN 1.697519
BAM 1.734296
BBD 2.019296
BDT 121.510659
BGN 1.741673
BHD 0.376951
BIF 2976.097048
BMD 1
BND 1.293978
BOB 6.925631
BRL 5.649504
BSD 1.00016
BTN 85.398858
BWP 13.533201
BYN 3.272976
BYR 19600
BZD 2.008921
CAD 1.39435
CDF 2871.000214
CHF 0.833796
CLF 0.024524
CLP 941.080391
CNY 7.209502
CNH 7.214385
COP 4170
CRC 506.065335
CUC 1
CUP 26.5
CVE 97.77693
CZK 22.127897
DJF 177.719983
DKK 6.634565
DOP 58.933068
DZD 133.036991
EGP 50.043197
ERN 15
ETB 134.687008
EUR 0.88936
FJD 2.262976
FKP 0.753275
GBP 0.748515
GEL 2.740315
GGP 0.753275
GHS 12.302194
GIP 0.753275
GMD 72.495983
GNF 8660.837797
GTQ 7.679211
GYD 209.242829
HKD 7.82137
HNL 26.023304
HRK 6.701201
HTG 130.865818
HUF 358.090109
IDR 16435.35
ILS 3.54115
IMP 0.753275
INR 85.357795
IQD 1310.165644
IRR 42112.49782
ISK 129.75987
JEP 0.753275
JMD 159.374667
JOD 0.709043
JPY 144.850086
KES 129.220031
KGS 87.450429
KHR 4009.062734
KMF 441.517253
KPW 900
KRW 1389.539569
KWD 0.30727
KYD 0.833433
KZT 510.800553
LAK 21628.380266
LBP 89612.350857
LKR 299.932607
LRD 200.029263
LSL 18.059979
LTL 2.95274
LVL 0.60489
LYD 5.518214
MAD 9.236867
MDL 17.431246
MGA 4500.370228
MKD 54.723669
MMK 2099.691891
MNT 3573.979595
MOP 8.056682
MRU 39.630405
MUR 46.220232
MVR 15.459814
MWK 1734.260897
MXN 19.312499
MYR 4.291037
MZN 63.904435
NAD 18.059979
NGN 1602.079895
NIO 36.799915
NOK 10.309099
NPR 136.638527
NZD 1.686598
OMR 0.38497
PAB 1.000102
PEN 3.687174
PGK 4.15706
PHP 55.782504
PKR 282.582556
PLN 3.78015
PYG 7988.685135
QAR 3.64532
RON 4.4872
RSD 103.961976
RUB 80.737362
RWF 1432.226198
SAR 3.750917
SBD 8.340429
SCR 14.500677
SDG 600.495989
SEK 9.68405
SGD 1.295599
SHP 0.785843
SLE 22.701879
SLL 20969.500214
SOS 571.613527
SRD 36.448502
STD 20697.981008
SVC 8.751286
SYP 13001.861836
SZL 18.055014
THB 33.149663
TJS 10.326554
TMT 3.505
TND 3.010144
TOP 2.342099
TRY 38.755598
TTD 6.788919
TWD 30.160605
TZS 2685.000131
UAH 41.621768
UGX 3657.822864
UYU 41.721349
UZS 12918.986983
VES 94.206225
VND 25947.5
VUV 121.122053
WST 2.778524
XAF 581.684602
XAG 0.030914
XAU 0.00031
XCD 2.70255
XDR 0.729334
XOF 581.666548
XPF 105.753201
YER 244.097294
ZAR 18.083103
ZMK 9001.201184
ZMW 26.981277
ZWL 321.999592
  • RBGPF

    1.5000

    64.5

    +2.33%

  • CMSC

    0.1100

    22.16

    +0.5%

  • SCS

    -0.1500

    10.35

    -1.45%

  • AZN

    0.8800

    69.69

    +1.26%

  • CMSD

    0.1090

    22.169

    +0.49%

  • NGG

    1.1500

    72.43

    +1.59%

  • RELX

    0.4600

    55.03

    +0.84%

  • BTI

    0.9400

    43.58

    +2.16%

  • RIO

    -0.2500

    62.39

    -0.4%

  • GSK

    0.3200

    37.96

    +0.84%

  • BCC

    -0.7200

    91.19

    -0.79%

  • BP

    -0.3600

    29.4

    -1.22%

  • RYCEF

    0.2100

    10.91

    +1.92%

  • BCE

    0.0100

    21.57

    +0.05%

  • JRI

    -0.1100

    12.79

    -0.86%

  • VOD

    0.1900

    9.64

    +1.97%

US to invest $1.2 bn on facilities to pull carbon from air
US to invest $1.2 bn on facilities to pull carbon from air / Photo: © AFP/File

US to invest $1.2 bn on facilities to pull carbon from air

The US government said Friday it will spend up to $1.2 billion for two pioneering facilities to vacuum carbon out of the air, a historic gamble on a still developing technology to combat global warming that is criticized by some experts.

Text size:

The two projects -- in Texas and Louisiana -- each aim to eliminate one million tons of carbon dioxide per year, equivalent in total to the annual emissions of 445,000 gas-powered cars.

It is "the world's largest investment in engineered carbon removal in history," the Energy Department said in a statement.

"Cutting back on our carbon emissions alone won't reverse the growing impacts of climate change," Energy Secretary Jennifer Granholm said in the statement. "We also need to remove the CO2 that we've already put in the atmosphere."

Direct Air Capture (DAC) techniques -- also known as Carbon Dioxide Removal (CDR) -- focus on that CO2 emitted into the air, which is helping to fuel climate change and extreme weather.

Each of the projects will remove 250 times more CO2 from the air than the largest carbon capture site currently in operation, the Energy Department said.

The UN's International Panel on Climate Change (IPCC) considers capturing carbon dioxide directly from the atmosphere one of the methods necessary to combat global warming.

But the sector is still marginal -- there are just 27 existing carbon capture sites commissioned worldwide, according to the International Energy Agency, though at least 130 projects are under development.

And some experts worry that use of the technology will be a pretext for continuing to emit greenhouse gases, rather than switching more quickly to clean energies.

Direct capture "requires a lot of electricity for extracting CO2 from the air and compressing it for pipes," Stanford University professor Mark Jacobson told AFP.

"Even in the best case, where the electricity is renewable, that renewable electricity is then prevented from replacing a fossil electricity source on the grid, such as coal or gas."

That means such technology is nothing more than a "gimmick," he said, adding: "It will only delay our solution to the climate problem."

- Storing CO2 underground -

US non-profit Battelle is the prime contractor on the Louisiana project, which will inject captured CO2 for storage deep underground.

It will partner with another American company, Heirloom, and the Swiss firm Climeworks, already a sector leader that operates a plant in Iceland with an annual capacity to capture 4,000 tons of CO2 from the air.

The Texas project will be led by the American company Occidental and other partners, including Carbon Engineering. It could be developed to eliminate up to 30 million tons of CO2 per year, according to a statement from Occidental.

"The rocks in the subsoil of Louisiana and Texas are sedimentary rocks, very different from Icelandic basalts, but they are perfectly viable for storing CO2," Helene Pilorge, an associate researcher at the University of Pennsylvania studying carbon capture, told AFP.

The two projects should create 4,800 jobs, according to the energy department. No start date is yet confirmed for either.

They will be funded by President Joe Biden's major infrastructure bill passed in 2021.

The Energy Department previously announced plans to invest in four projects to the tune of $3.5 billion.

Direct capture differs from carbon capture and storage (CCS) systems at source, such as factory chimneys, which prevent additional emissions from reaching the atmosphere.

In May, the Biden administration announced a plan to reduce CO2 emissions from gas-fired and coal-fired power plants, focusing in particular on this second technique.

U.Chen--ThChM