Berliner Boersenzeitung - Removing CO2 from air, sea no longer optional, says UN

EUR -
AED 4.084199
AFN 76.174952
ALL 99.079119
AMD 431.250862
ANG 2.002588
AOA 1032.449338
ARS 1073.331397
AUD 1.624719
AWG 2.004303
AZN 1.892653
BAM 1.955497
BBD 2.243482
BDT 132.781185
BGN 1.955149
BHD 0.41905
BIF 3218.004815
BMD 1.111957
BND 1.434877
BOB 7.695256
BRL 6.15446
BSD 1.111143
BTN 92.821495
BWP 14.630585
BYN 3.635948
BYR 21794.365712
BZD 2.239783
CAD 1.500854
CDF 3191.318194
CHF 0.941722
CLF 0.037188
CLP 1026.181731
CNY 7.840741
CNH 7.848768
COP 4627.688852
CRC 576.239075
CUC 1.111957
CUP 29.466872
CVE 110.361506
CZK 25.134725
DJF 197.617488
DKK 7.459022
DOP 66.995107
DZD 147.421291
EGP 54.106293
ERN 16.679362
ETB 130.663368
FJD 2.440192
FKP 0.846821
GBP 0.833229
GEL 3.035615
GGP 0.846821
GHS 17.458381
GIP 0.846821
GMD 76.724884
GNF 9621.213534
GTQ 8.594782
GYD 232.476466
HKD 8.657406
HNL 27.743449
HRK 7.560211
HTG 146.444517
HUF 394.877992
IDR 16891.634188
ILS 4.208481
IMP 0.846821
INR 92.892253
IQD 1456.664239
IRR 46805.065156
ISK 151.704197
JEP 0.846821
JMD 174.572908
JOD 0.78804
JPY 159.46526
KES 143.443254
KGS 93.682263
KHR 4525.666856
KMF 490.761877
KPW 1000.761061
KRW 1484.10721
KWD 0.339158
KYD 0.925973
KZT 534.288315
LAK 24554.801776
LBP 99631.386136
LKR 338.494211
LRD 215.99783
LSL 19.459018
LTL 3.283321
LVL 0.672612
LYD 5.276193
MAD 10.780429
MDL 19.373342
MGA 5064.965927
MKD 61.50301
MMK 3611.594372
MNT 3778.431312
MOP 8.911157
MRU 44.161394
MUR 50.838656
MVR 17.079894
MWK 1930.358146
MXN 21.596649
MYR 4.673525
MZN 70.998563
NAD 19.460338
NGN 1796.978827
NIO 40.886718
NOK 11.65342
NPR 148.522633
NZD 1.772044
OMR 0.428079
PAB 1.111193
PEN 4.164255
PGK 4.352424
PHP 62.226806
PKR 309.253231
PLN 4.271584
PYG 8648.657807
QAR 4.047803
RON 4.97501
RSD 117.085801
RUB 103.217424
RWF 1492.246877
SAR 4.172027
SBD 9.236961
SCR 14.949655
SDG 668.844263
SEK 11.33456
SGD 1.434931
SHP 0.846821
SLE 25.405228
SLL 23317.1857
SOS 634.927593
SRD 33.842983
STD 23015.273856
SVC 9.722622
SYP 2793.826341
SZL 19.460718
THB 36.605059
TJS 11.811373
TMT 3.891851
TND 3.370022
TOP 2.604314
TRY 37.959887
TTD 7.555269
TWD 35.610991
TZS 3035.643888
UAH 46.007981
UGX 4110.417549
USD 1.111957
UYU 46.243447
UZS 14160.777846
VEF 4028124.221696
VES 40.894302
VND 27376.392032
VUV 132.013821
WST 3.11066
XAF 655.893552
XAG 0.036146
XAU 0.000423
XCD 3.005121
XDR 0.82202
XOF 653.278036
XPF 119.331742
YER 278.350773
ZAR 19.269266
ZMK 10008.950014
ZMW 29.474149
ZWL 358.04984
  • CMSD

    0.0300

    25.05

    +0.12%

  • CMSC

    -0.0500

    25.1

    -0.2%

  • BCC

    3.7600

    141.26

    +2.66%

  • NGG

    0.8500

    70.4

    +1.21%

  • SCS

    0.0050

    12.925

    +0.04%

  • JRI

    -0.0210

    13.299

    -0.16%

  • RIO

    1.0100

    64.58

    +1.56%

  • AZN

    -1.2050

    77.175

    -1.56%

  • GSK

    0.1050

    40.905

    +0.26%

  • RBGPF

    1.8300

    58.83

    +3.11%

  • RYCEF

    0.1100

    7.06

    +1.56%

  • BTI

    0.4650

    37.905

    +1.23%

  • BCE

    0.0970

    35.137

    +0.28%

  • RELX

    0.7950

    48.785

    +1.63%

  • VOD

    0.1000

    10.11

    +0.99%

  • BP

    0.1850

    32.825

    +0.56%

Removing CO2 from air, sea no longer optional, says UN
Removing CO2 from air, sea no longer optional, says UN

Removing CO2 from air, sea no longer optional, says UN

However quickly the world slashes greenhouse gas emissions, it will still need to suck CO2 from the air and oceans to avoid climate catastrophe, a landmark UN report said this week.

Text size:

Long seen as marginal or an industry ploy to avoid curbing emissions, carbon dioxide removal (CDR) is today a necessary weapon in the battle against global heating, according to the UN's Intergovernmental Panel on Climate Change (IPCC).

"This is the first IPCC report to state clearly that carbon dioxide removal is needed to achieve our climate targets," said Steve Smith, head of Oxford Net Zero at the University of Oxford.

The Paris Agreement calls for capping global warming below two degrees Celsius, and most countries have signed on for a more ambitious limit of 1.5C.

Even under the most aggressive carbon-cutting scenarios, several billion tonnes of CO2 will need to be extracted each year from the atmosphere by 2050, and an accumulated total of hundreds of billions of tonnes by 2100.

"Carbon dioxide removal is necessary to achieve net-zero C02 and greenhouse gas emissions, both globally and nationally," the report concludes.

This will compensate for sectors where emissions will be hard to abate, such as aviation, shipping and cement.

And depending on how successfully carbon pollution is drawn down, CDR may be needed to cool Earth's surface if the Paris treaty temperatures targets are breached.

- Grow, burn, bury -

There are a variety of ways that "negative emissions" can be achieved, but all would be needed to be ramped up significantly to make a dent in the approximately 40 billion tonnes of CO2 currently emitted each year.

Drawing down carbon pollution remains the absolute priority.

"It is critical that an equitable and orderly roadmap for the transition away from fossil fuels is agreed," said David King, head of the Climate Crisis Group and Britain’s former Chief Scientific Advisor.

"But we must also put significantly more resource into greenhouse gas removal."

Virtually all of the IPCC models laying out pathways for a liveable future reserve an important role for technology called BECCS, or bioenergy with carbon capture and storage.

The recipe is pretty straightforward: grow trees, burn them for energy, and bury the CO2 emitted underground, in an abandoned mineshaft for example.

By 2050, the IPCC says, BECCS could be called upon to extract just under three billions tonnes of CO2 per year.

Restoring forests and planting trees that absorb and stock CO2 as they grow also figure prominently in development scenarios achieving net-zero emissions at or near mid-century, accounting for the same level of carbon removal at mid-century.

But what works on paper -- and in so-called integrated assessment models -- has not materialised in reality.

One of the few commercial-scale BECCS facilities in the world, in Britain, was dropped last year from the S&P Clean Energy Index because it failed to meet sustainability criteria.

"I don't see a BECCS boom," said Oliver Geden, a senior fellow at the German Institute for International and Security Affairs and an expert on CDR.

- Offset schemes -

The area required, meanwhile, for tree-planting schemes -- up to twice the size of India -- would compete with food and biofuel needs.

Many businesses, including fossil fuel companies, rely heavily on carbon offset schemes based on afforestation to compensate for continuing carbon emissions.

The newest CDR method, a chemical process known as direct air carbon capture and storage (DACCS), is attracting interest.

Industry leader Swiss-based Climeworks announced Tuesday it had raised $650 million (595 million euros), and the technology has attracted major corporate backing from via Bill Gates' Breakthrough Energy partnership.

But the potential for scaling up remains to be proven: Climeworks' direct air capture facility in Iceland -- the largest in the world -- removes in a year what humanity emits in three or four seconds.

Other CDR methods at various stages of experimentation and development include enhancing the capacity of soil to sequester carbon; conversion of biomass into a charcoal-like substance called biochar; peatland and coastal wetland restoration; and so-called enhanced weathering of rocks rich in minerals that absorb CO2.

Potential ocean-based methods include boosting marine alkalinity, either by directly adding alkaline minerals or an electrochemical processing, and stimulating the growth of phytoplankton, tiny organisms that stock carbon through photosynthesis and then sink to the ocean floor when they die

(F.Schuster--BBZ)