The China Mail - Carbon capture must quadruple by 2050 to meet climate targets: report

USD -
AED 3.672504
AFN 65.503991
ALL 80.193613
AMD 365.443623
ANG 1.789783
AOA 918.000367
ARS 1475.150612
AUD 1.415829
AWG 1.80125
AZN 1.70397
BAM 1.690479
BBD 2.011669
BDT 122.606854
BGN 1.696366
BHD 0.37668
BIF 2985.954449
BMD 1
BND 1.277583
BOB 11.640953
BRL 5.222404
BSD 0.998833
BTN 95.261679
BWP 13.45607
BYN 3.037988
BYR 19600
BZD 2.008816
CAD 1.38765
CDF 2273.000362
CHF 0.813662
CLF 0.023213
CLP 913.600415
CNY 6.743204
CNH 6.74452
COP 3115.519253
CRC 449.371191
CUC 1
CUP 26.5
CVE 95.306625
CZK 20.930304
DJF 177.864212
DKK 6.460604
DOP 58.464065
DZD 131.663425
EGP 49.854358
ERN 15
ETB 161.573793
EUR 0.864504
FJD 2.234204
FKP 0.737767
GBP 0.73929
GEL 2.610391
GGP 0.737767
GHS 10.937378
GIP 0.737767
GMD 73.503851
GNF 8773.931458
GTQ 7.6209
GYD 208.928649
HKD 7.84715
HNL 26.775574
HRK 6.513204
HTG 130.645231
HUF 313.830388
IDR 17828.1
ILS 2.955104
IMP 0.737767
INR 95.450504
IQD 1308.440296
IRR 1374587.503816
ISK 122.903814
JEP 0.737767
JMD 158.174511
JOD 0.70904
JPY 159.30404
KES 129.09806
KGS 87.450384
KHR 4041.661265
KMF 427.00035
KPW 900.000294
KRW 1416.610383
KWD 0.30868
KYD 0.832361
KZT 463.468603
LAK 22542.892951
LBP 89443.536886
LKR 332.365271
LRD 181.287005
LSL 16.158607
LTL 2.95274
LVL 0.60489
LYD 6.359825
MAD 9.264013
MDL 17.319677
MGA 4300.099399
MKD 53.178616
MMK 2099.658525
MNT 3597.556359
MOP 8.073123
MRU 40.112364
MUR 47.103741
MVR 15.450378
MWK 1731.967674
MXN 17.023504
MYR 4.085904
MZN 63.910377
NAD 16.158607
NGN 1359.570377
NIO 36.760448
NOK 9.442604
NPR 152.41886
NZD 1.677149
OMR 0.384504
PAB 0.998833
PEN 3.368858
PGK 4.486797
PHP 61.465038
PKR 277.41994
PLN 3.72275
PYG 5995.073253
QAR 3.641125
RON 4.526704
RSD 101.421842
RUB 83.996716
RWF 1468.77566
SAR 3.752773
SBD 8.048583
SCR 13.870372
SDG 600.503676
SEK 9.527038
SGD 1.279604
SHP 0.740866
SLE 24.503667
SLL 20969.499227
SOS 570.811185
SRD 37.974504
STD 20697.981008
STN 21.176369
SVC 8.739358
SYP 13001.999906
SZL 16.156273
THB 33.143038
TJS 9.223994
TMT 3.51
TND 2.928476
TOP 2.40776
TRY 47.867504
TTD 6.76693
TWD 32.021604
TZS 2646.873244
UAH 44.681879
UGX 3710.618436
UYU 40.019016
UZS 11890.747223
VES 770.109104
VND 26148.5
VUV 118.652424
WST 2.734432
XAF 566.970915
XAG 0.015452
XAU 0.000229
XCD 2.70255
XCG 1.800078
XDR 0.707052
XOF 566.970915
XPF 103.081378
YER 237.203589
ZAR 16.16923
ZMK 9001.203584
ZMW 18.87722
ZWL 321.999592
  • CMSC

    -0.0250

    21.45

    -0.12%

  • JRI

    0.0635

    12.61

    +0.5%

  • RBGPF

    0.0000

    71.34

    0%

  • BCC

    -0.8900

    83.24

    -1.07%

  • BCE

    0.1500

    23.47

    +0.64%

  • RYCEF

    0.1300

    20.84

    +0.62%

  • RIO

    -0.4100

    95.68

    -0.43%

  • AZN

    -0.7900

    156.45

    -0.5%

  • GSK

    -0.4785

    49.52

    -0.97%

  • NGG

    -0.1500

    81.05

    -0.19%

  • CMSD

    -0.0100

    21.58

    -0.05%

  • VOD

    0.2000

    16.42

    +1.22%

  • BTI

    -0.2900

    57.06

    -0.51%

  • RELX

    -0.2400

    34.43

    -0.7%

  • BP

    0.2196

    42.53

    +0.52%

Carbon capture must quadruple by 2050 to meet climate targets: report
Carbon capture must quadruple by 2050 to meet climate targets: report / Photo: © AFP

Carbon capture must quadruple by 2050 to meet climate targets: report

By 2050, humanity must durably remove four times as much CO2 from the air as today to cap global warming below the crucial target of two degree Celsius, researchers said Tuesday.

Text size:

But massively expanding CO2-absorbing forests -– 99 percent of current carbon removal -– could claim land needed to grow food and biofuels, while it remains highly uncertain whether new technologies for sucking CO2 from the atmosphere can be scaled quickly enough, they warned in a major report.

Looking at varying emissions-reduction scenarios, between seven and nine billion tonnes of CO2 must be captured from the atmosphere by 2050, according to the second edition of the University of Oxford's report on the subject.

The first edition of The State of Carbon Dioxide Removal had reported that two billion tonnes were being removed mainly through reforestation, compared with the 40 billion tonnes emitted worldwide in 2023.

"Alongside rapidly reducing emissions", which remains the "most important mitigation strategy", eliminating CO2 from the atmosphere "is also necessary" to achieve the objectives of the Paris Agreement, more than 50 researchers said.

Some of the scientists are also part of the UN Intergovernmental Panel on Climate Change (IPCC), which has recognised the need for carbon capture but has given it a limited role in its scenarios for achieving "carbon neutrality".

The elimination of CO2 recently "has undergone rapid growth in research, public awareness and start-up companies", the report said.

"Yet there are now signs of a slowdown" due to politics and a lack of public funding, the experts said.

They called on governments to create policies that will boost the industry's development.

According to the report, the market for carbon capture has been growing thanks to corporate demand for carbon credits -- a contested tool that allows companies to offset their emissions by financing carbon-reduction projects.

Carbon capture start-up Climeworks, which has an extensive underground storage facility in Iceland, is among those to benefit from the demand.

Its two plants currently capture and store 10,000 tonnes of CO2 per year with financing from private funders and the sale of carbon credits.

To reach a million tonnes, Climeworks has said it will need several billion euros (dollars), as will other start-ups -- but the report warned such funding is highly uncertain at this stage.

To date, only the United States has announced a plan, worth $3.5 billion, dedicated specifically to carbon capture.

- Environmental risks -

The Center for Environmental Law (CIEL) said the report "highlights a concerning trend where carbon dioxide removal (CDR) is increasingly being touted as a solution to climate change".

"This focus on carbon removal technologies represents a dangerous distraction from what is urgently needed to tackle the climate crisis: a full, fast, fair, funded phase-out of all fossil fuels," said CIEL expert Lili Fuhr.

The removal of CO2 already in the atmosphere can be done through nature-based actions, such as planting forests, and also new technologies that store carbon underground or in repurposed material, but that only represents less than 0.1 percent of what is currently removed.

Technological removal methods include direct air capture with carbon storage (DACCS), capture after combustion of biomass (BECCS), the conversion of biomass into a bio-charcoal, or sprinkling crushed carbon-absorbing rocks on land or in the sea.

CIEL said some of these techniques, such as DACCS, "pose immense risks to ecosystems and communities".

Acknowledging the risks, the authors of Tuesday's report noted that some "methods have high environmental and ecosystem risks, while others have potential to generate co-benefits".

It acknowledged that conventional carbon dioxide removal, "if poorly executed", can pose risks to "biodiversity and food security".

While calling for rapid development of carbon capture technologies, the report said it should not deflect attention from efforts to reduce emissions.

"A failure to strongly reduce emissions from fossil fuels and from deforestation will put the Paris temperature goal out of reach, even if we have strong action on carbon removal," one of the report's authors, William Lamb, said at its presentation.

T.Luo--ThChM