Berliner Boersenzeitung - Carbon dioxide removal slow to take off, alarming scientists

EUR -
AED 4.261414
AFN 74.847626
ALL 91.860932
AMD 420.621113
ANG 2.077506
AOA 1065.207702
ARS 1750.68835
AUD 1.617447
AWG 2.090092
AZN 1.977213
BAM 1.954969
BBD 2.333807
BDT 142.989188
BGN 1.956548
BHD 0.436914
BIF 3456.529963
BMD 1.160357
BND 1.469175
BOB 14.425865
BRL 5.942784
BSD 1.158707
BTN 110.658938
BWP 15.610361
BYN 3.519103
BYR 22742.987576
BZD 2.330409
CAD 1.608081
CDF 2676.942886
CHF 0.946838
CLF 0.027681
CLP 1093.009876
CNY 7.783962
CNH 7.782558
COP 3582.776272
CRC 521.978007
CUC 1.160357
CUP 30.749447
CVE 110.218125
CZK 24.254589
DJF 206.342244
DKK 7.477806
DOP 68.200995
DZD 154.700207
EGP 59.51249
ERN 17.405348
ETB 187.040853
FJD 2.582664
FKP 0.858274
GBP 0.857332
GEL 3.021407
GGP 0.858274
GHS 13.279352
GIP 0.858274
GMD 85.290672
GNF 10187.667261
GTQ 8.847237
GYD 242.426898
HKD 9.102537
HNL 31.099773
HRK 7.538725
HTG 151.445591
HUF 363.749008
IDR 20430.397054
ILS 3.517447
IMP 0.858274
INR 110.878451
IQD 1517.954425
IRR 1595026.057673
ISK 139.649353
JEP 0.858274
JMD 183.032158
JOD 0.822739
JPY 178.201797
KES 149.936233
KGS 101.473623
KHR 4699.00155
KMF 493.151923
KPW 1044.321264
KRW 1556.583891
KWD 0.357808
KYD 0.965589
KZT 522.867628
LAK 25924.974301
LBP 103764.469742
LKR 380.93799
LRD 202.194008
LSL 18.710243
LTL 3.426232
LVL 0.701889
LYD 7.328883
MAD 10.828095
MDL 20.08046
MGA 4987.878692
MKD 61.498845
MMK 2436.590155
MNT 4170.546013
MOP 9.359819
MRU 46.593184
MUR 54.502384
MVR 17.927947
MWK 2009.245483
MXN 19.691487
MYR 4.723004
MZN 74.158822
NAD 18.710243
NGN 1539.282968
NIO 42.641865
NOK 10.77786
NPR 177.0547
NZD 1.983685
OMR 0.44629
PAB 1.158707
PEN 3.896743
PGK 5.230775
PHP 72.715486
PKR 321.229583
PLN 4.324823
PYG 6862.081608
QAR 4.223804
RON 5.256187
RSD 117.280122
RUB 97.758424
RWF 1709.173101
SAR 4.358794
SBD 9.297943
SCR 15.981203
SDG 697.958705
SEK 11.251285
SGD 1.470524
SHP 0.858982
SLE 28.487183
SLL 24332.100067
SOS 662.218363
SRD 43.998983
STD 24017.036986
STN 24.489585
SVC 10.138688
SYP 15086.955721
SZL 18.713041
THB 38.344025
TJS 10.718242
TMT 4.072851
TND 3.381862
TOP 2.79386
TRY 55.932437
TTD 7.864655
TWD 36.71821
TZS 3070.594099
UAH 51.613749
UGX 4484.092949
USD 1.160357
UYU 46.640164
UZS 13626.204876
VES 964.775755
VND 30079.341604
VUV 136.986889
WST 3.174772
XAF 655.957
XAG 0.017994
XAU 0.000267
XCD 3.135922
XCG 2.088312
XDR 0.820432
XOF 655.957
XPF 119.331742
YER 275.062932
ZAR 18.706305
ZMK 10444.605168
ZMW 22.363489
ZWL 373.634322
SSP 6555.084378
MXV 2.233452
  • BCC

    0.3900

    75.44

    +0.52%

  • NGG

    0.4800

    76.86

    +0.62%

  • RBGPF

    0.2800

    68.02

    +0.41%

  • BCE

    0.1400

    23.39

    +0.6%

  • RELX

    -0.0200

    33.8

    -0.06%

  • RIO

    0.5700

    99.96

    +0.57%

  • JRI

    -0.0700

    12.01

    -0.58%

  • CMSC

    0.0100

    20.45

    +0.05%

  • CMSD

    -0.0200

    20.32

    -0.1%

  • RYCEF

    0.4100

    19.54

    +2.1%

  • GSK

    0.0100

    48.13

    +0.02%

  • VOD

    0.0700

    17.4

    +0.4%

  • AZN

    0.5300

    160.17

    +0.33%

  • BTI

    0.3800

    55.24

    +0.69%

  • BP

    0.0200

    46.1

    +0.04%

Carbon dioxide removal slow to take off, alarming scientists
Carbon dioxide removal slow to take off, alarming scientists / Photo: Halldor KOLBEINS - AFP/File

Carbon dioxide removal slow to take off, alarming scientists

Carbon dioxide removal experts have sounded the alarm in Milan this week over a shortfall in research and investment in the nascent sector viewed as essential for mitigating climate change.

Text size:

Still marginal and costly, CO2 removal, known as CDR, consists of extracting the greenhouse gas from the atmosphere and storing it durably, whether underground or in long‑lasting products.

Massimo Tavoni, a professor of climate change economics at the Polytechnic University of Milan, told AFP that current interest in such solutions was "much less than just two or three years ago".

"When Donald Trump returned to power, things changed a lot, and then with the wars, the situation got even worse," he said.

The Milan university co-organised a conference this week with the Euro-Mediterranean Centre on Climate Change (CMCC), an Italian climate research foundation.

Currently, carbon removal efforts are only removing about 5 percent of global annual CO2 emissions, according to the third edition of the report "The State of Carbon Dioxide Removal," presented in Milan Wednesday.

The vast majority of those efforts, or 99.9 percent, are done naturally, mainly by planting trees. Through photosynthesis, the tree captures carbon from the air and stores it in its roots, trunk and branches.

From China to the United States, Europe to Brazil, reforestation makes it possible to trap more CO2, which largely comes from the combustion of coal, oil and gas.

But growth of such plantations is stagnating and hurt by competition with agricultural land, according to the report.

- No licence to pollute -

In Italy's industrial city of Milan this week, scientists from the United States, Germany, China, and Australia have been presenting results of their research on CDR.

The work is not about filtering flue gases from factory chimneys or gas- and coal-fired power plants, which is known as carbon capture and storage. Instead, the aim of carbon removal is to capture CO2 already present in the air at very low concentrations.

Scientists stressed that in the meantime, industry must not be allowed to emit even more CO2 into the air: the priority remains to reduce current emissions as much as possible and to remove the residual CO2.

Current applications call for the transformation of CO2-laden plant residues through pyrolysis -- which heats the organic matter without oxygen -- into biochar, a porous material that helps retain water and nutrients in agricultural soils, or through capturing the CO2 after burning biomass, or agricultural residues.

Another method known as "Direct Air Capture" (DAC) that extracts CO2 from the air using large fan-like devices is being carried out at a handful of sites around the world, most notably Iceland, but volumes remain negligible.

Meanwhile, the potential of the ocean to absorb CO2 from the atmosphere is being studied, with scientists trying to gauge whether it can safely be absorbed and recycled in some manner without further boosting the ocean's alkalinity.

Despite these efforts, in a PowerPoint presentation at the university Wednesday, the work of innovative removal methods was represented as just a tiny square compared with total emissions, or 2 million tonnes of CO2 removed last year out of more than 40 billion tonnes emitted by humans.

Cost is a major factor -- most removal methods cost more than $200 per tonne of CO2, well above current CO2 prices.

- Public good -

Required CDR investments run in the billions of euros, scientists agree.

"Scaling up these technologies takes time, and that's why the coming years will be truly crucial," said Morgan Edwards of the University of Wisconsin–Madison, who oversaw the evaluation report funded by universities, the European Commission and the United Kingdom.

So who will pay to filter the air?

Edwards argued that carbon dioxide removal was a "public good".

"We can have companies who are playing this important early role but in the long term we're going to need governments to be buying this public good," she added.

(G.Gruner--BBZ)