The Fort Worth Press - Climate maths 'doesn't add up' without carbon capture: COP28 chief

USD -
AED 3.672504
AFN 66.503991
ALL 80.629676
AMD 365.091035
AOA 917.000367
ARS 1491.937897
AUD 1.417435
AWG 1.80125
AZN 1.70397
BAM 1.691649
BBD 2.00813
BDT 123.418242
BHD 0.375989
BIF 2985.079791
BMD 1
BND 1.277602
BOB 11.849673
BRL 5.083304
BSD 0.997016
BTN 94.875232
BWP 13.457596
BYN 2.968819
BYR 19600
BZD 2.00519
CAD 1.39545
CDF 2262.50392
CHF 0.80949
CLF 0.023206
CLP 913.315746
CNY 6.747604
CNH 6.743285
COP 3142.844787
CRC 453.228387
CUC 1
CUP 26.5
CVE 95.372573
CZK 20.982104
DJF 177.546166
DKK 6.46804
DOP 58.20179
DZD 132.308956
EGP 49.555853
ERN 15
ETB 160.923669
EUR 0.86495
FJD 2.20855
FKP 0.740916
GBP 0.742583
GEL 2.610391
GGP 0.740916
GHS 11.700039
GIP 0.740916
GMD 73.503851
GNF 8756.649224
GTQ 7.607144
GYD 208.588851
HKD 7.84315
HNL 26.723176
HRK 6.518804
HTG 130.363707
HUF 314.060388
IDR 17801
ILS 2.99985
IMP 0.740916
INR 95.210504
IQD 1306.058902
IRR 1375550.000352
ISK 123.340386
JEP 0.740916
JMD 158.335856
JOD 0.70904
JPY 157.80604
KES 129.014401
KGS 87.450384
KHR 4049.647537
KMF 426.00035
KRW 1407.860383
KWD 0.30866
KYD 0.830861
KZT 467.275008
LAK 22510.919863
LBP 89282.792025
LKR 334.420274
LRD 179.959348
LSL 16.197552
LTL 2.95274
LVL 0.60489
LYD 6.341738
MAD 9.29222
MDL 17.337716
MGA 4254.638239
MKD 53.215413
MMK 2099.750695
MNT 3597.347644
MOP 8.056654
MRU 40.080439
MUR 47.070378
MVR 15.450378
MWK 1728.841413
MXN 17.13645
MYR 4.090104
MZN 63.905039
NAD 16.197552
NGN 1364.860377
NIO 36.690741
NOK 9.51237
NPR 151.800372
NZD 1.701115
OMR 0.382693
PAB 0.997016
PEN 3.376465
PGK 4.406003
PHP 60.705038
PKR 276.796523
PLN 3.719205
PYG 5928.296501
QAR 3.644596
RON 4.536304
RSD 101.492021
RUB 81.598409
RWF 1466.072741
SAR 3.755591
SBD 8.065696
SCR 14.449077
SDG 600.503676
SEK 9.480804
SGD 1.278038
SLE 24.603667
SOS 569.822255
SRD 37.866504
STD 20697.981008
STN 21.191022
SVC 8.723782
SZL 16.194265
THB 33.050369
TJS 9.197509
TMT 3.51
TND 2.929032
TRY 47.697504
TTD 6.757774
TWD 32.250604
TZS 2639.622886
UAH 44.653894
UGX 3714.050945
UYU 40.133201
UZS 11924.058297
VES 755.762404
VND 26204.5
VUV 119.414824
WST 2.733661
XAF 567.363231
XAG 0.015731
XAU 0.00023
XCD 2.70255
XCG 1.796912
XDR 0.705618
XOF 567.363231
XPF 103.152705
YER 238.403589
ZAR 16.14632
ZMK 9001.203584
ZMW 18.818492
ZWL 321.999592
  • BCC

    2.3400

    86.6

    +2.7%

  • CMSC

    0.0240

    21.744

    +0.11%

  • CMSD

    -0.1600

    21.82

    -0.73%

  • RIO

    1.4500

    101.1

    +1.43%

  • BCE

    -0.0200

    22.75

    -0.09%

  • RBGPF

    0.7600

    70.5

    +1.08%

  • JRI

    0.1500

    12.81

    +1.17%

  • RELX

    0.0485

    35.52

    +0.14%

  • NGG

    0.4700

    80.88

    +0.58%

  • RYCEF

    0.2300

    20.85

    +1.1%

  • GSK

    0.7900

    52.96

    +1.49%

  • VOD

    0.1900

    16.19

    +1.17%

  • BP

    -0.6000

    41.63

    -1.44%

  • BTI

    0.6000

    59.33

    +1.01%

  • AZN

    1.4100

    161.42

    +0.87%

Climate maths 'doesn't add up' without carbon capture: COP28 chief
Climate maths 'doesn't add up' without carbon capture: COP28 chief / Photo: © AFP

Climate maths 'doesn't add up' without carbon capture: COP28 chief

The Emirati oil chief leading this year's UN climate talks said Wednesday the world must get "serious" about new emission-capturing technology, rather than focussing only on replacing fossil fuels with renewable energy.

Text size:

Sultan Al Jaber said renewables such as solar and wind "cannot be the only answer", especially in the steel, cement and aluminium industries, where emissions are particularly hard to reduce.

While major oil producers Saudi Arabia and the United Arab Emirates are touting carbon capture and storage as a remedy for global warming, some experts caution that the nascent technology is unproven and expensive, and should not replace efforts to phase out hydrocarbons.

"Renewable energies are not and cannot be the only answer," argued Al Jaber, who is simultaneously the head of state oil giant ADNOC and the country's climate envoy.

"If we are serious about curbing industrial emissions, we need to get serious about carbon capture technologies," he told the United Arab Emirates' Climate Tech event in Abu Dhabi.

"We need to phase out emissions," added Al Jaber, reiterating his position that crude remains indispensable to the global economy and crucial to financing the energy transition.

- COP battleground issue -

The debate between carbon capture and reduced fossil fuel use is shaping as a key battleground at COP28, beginning in November in Dubai, the UAE's commercial hub.

Earlier this year, the UN's climate expert panel (IPCC) said the world risks crossing the key 1.5-degree Celsius global warming threshold in about a decade, urging a drastic reduction in planet-heating emissions.

One of the fastest transformations will need to be in energy, the report said, with solar and wind power already expanding dramatically.

Major economies are taking key steps, with the European Union banning sales of new fossil fuel cars from 2035 and planning to nearly double renewable energy production by 2030.

But greenhouse gas emissions from existing fossil fuel infrastructure will still push the world beyond 1.5C unless the costly and emerging carbon capture and storage technologies are utilised, the IPCC said.

"Cost remains a barrier," said Al Jaber, president-designate of COP28.

He said policymakers must provide incentives to companies to commercialise technological solutions, including carbon capture and storage (CCS) and direct air capture (DAC).

CCS syphons off CO2 pollution from energy production and heavy industry and stores it underground, thus preventing it from entering the atmosphere.

By contrast, direct air capture -– still in its infancy -- removes CO2 directly from ambient air, which makes it a "negative emissions" technology.

- 'Distraction we can't afford' -

Some environmentalists are sceptical about the focus on carbon capture, with Rex Weyler from Greenpeace last year labelling it a "scam".

"Carbon offset technologies are a distraction that we cannot afford," Julien Jreissati, programme director at Greenpeace MENA, told AFP on Wednesday.

"They have yet to be commercially viable and are not proven at scale despite years of development and billions of dollars of investment."

Worldwide, there are about 35 commercial facilities applying carbon capture, utilisation and storage to industrial processes, fuel transformation and power generation, with a total annual capture capacity of almost 45 million tonnes of CO2, according to the International Energy Agency.

Current global CO2 emissions from all sources are about 40 billion tonnes.

Novel DAC technologies only account for a tiny fraction -- about 0.1 percent -- of worldwide carbon dioxide removal, the first global assessment of CO2 removal said in January.

The report stated that capping global warming at liveable levels will be impossible without massively scaling up the extraction of planet-warming carbon dioxide from the atmosphere.

B.Martinez--TFWP