Berliner Boersenzeitung - UAE to pump CO2 into rock as carbon capture debate rages

EUR -
AED 4.206706
AFN 71.626247
ALL 95.922283
AMD 432.457649
ANG 2.050144
AOA 1050.389007
ARS 1592.12955
AUD 1.631236
AWG 2.063263
AZN 1.952288
BAM 1.954191
BBD 2.307708
BDT 140.614232
BGN 1.954679
BHD 0.432489
BIF 3401.943722
BMD 1.145462
BND 1.466412
BOB 7.918481
BRL 6.018599
BSD 1.145812
BTN 105.776299
BWP 15.615348
BYN 3.390753
BYR 22451.054
BZD 2.304633
CAD 1.5717
CDF 2494.816239
CHF 0.903774
CLF 0.026387
CLP 1042.152154
CNY 7.868136
CNH 7.901076
COP 4228.873659
CRC 539.087927
CUC 1.145462
CUP 30.354741
CVE 110.176215
CZK 24.459221
DJF 204.064665
DKK 7.472845
DOP 70.402959
DZD 151.709538
EGP 59.950617
ERN 17.181929
ETB 178.873376
FJD 2.542696
FKP 0.857988
GBP 0.864148
GEL 3.109903
GGP 0.857988
GHS 12.44432
GIP 0.857988
GMD 83.619148
GNF 10045.72933
GTQ 8.786654
GYD 239.742619
HKD 8.965817
HNL 30.333424
HRK 7.530153
HTG 150.25826
HUF 391.106844
IDR 19406.416167
ILS 3.594752
IMP 0.857988
INR 105.914737
IQD 1501.18373
IRR 1514042.95416
ISK 144.225191
JEP 0.857988
JMD 179.801184
JOD 0.812133
JPY 182.606681
KES 148.165728
KGS 100.1703
KHR 4595.216748
KMF 490.257921
KPW 1030.777103
KRW 1713.324892
KWD 0.351829
KYD 0.954922
KZT 561.005469
LAK 24555.105283
LBP 102615.9161
LKR 356.591278
LRD 209.7001
LSL 19.24392
LTL 3.382251
LVL 0.692878
LYD 7.312235
MAD 10.792908
MDL 19.990716
MGA 4758.144918
MKD 61.499337
MMK 2404.547166
MNT 4089.584866
MOP 9.237815
MRU 45.848853
MUR 52.703237
MVR 17.708981
MWK 1986.990127
MXN 20.428764
MYR 4.511407
MZN 73.198505
NAD 19.246606
NGN 1587.713489
NIO 42.159953
NOK 11.145408
NPR 169.241879
NZD 1.96992
OMR 0.440435
PAB 1.145872
PEN 3.951747
PGK 5.010918
PHP 68.44593
PKR 319.925307
PLN 4.270509
PYG 7393.010132
QAR 4.165625
RON 5.093981
RSD 117.425936
RUB 91.753954
RWF 1672.237842
SAR 4.298255
SBD 9.22287
SCR 17.366134
SDG 688.422252
SEK 10.762084
SGD 1.46756
SHP 0.859393
SLE 28.168178
SLL 24019.770616
SOS 653.770311
SRD 43.009824
STD 23708.749454
STN 24.47675
SVC 10.026745
SYP 127.875234
SZL 19.237726
THB 37.066955
TJS 10.983557
TMT 4.020571
TND 3.38891
TOP 2.757997
TRY 50.61876
TTD 7.771703
TWD 36.740672
TZS 2989.47928
UAH 50.535059
UGX 4308.452842
USD 1.145462
UYU 46.032704
UZS 13836.789337
VES 504.47799
VND 30118.776218
VUV 136.264497
WST 3.193936
XAF 655.425969
XAG 0.014087
XAU 0.000226
XCD 3.095669
XCG 2.065227
XDR 0.811332
XOF 655.414535
XPF 119.331742
YER 273.249659
ZAR 19.319905
ZMK 10310.535163
ZMW 22.304637
ZWL 368.838277
  • RBGPF

    0.1000

    82.5

    +0.12%

  • RYCEF

    -0.4000

    16.55

    -2.42%

  • CMSC

    -0.0200

    23.12

    -0.09%

  • GSK

    -0.3200

    53.96

    -0.59%

  • BCE

    -0.1700

    25.51

    -0.67%

  • BP

    0.4800

    42.64

    +1.13%

  • RIO

    -2.5250

    88.175

    -2.86%

  • NGG

    0.2300

    91.04

    +0.25%

  • AZN

    -1.6900

    190.81

    -0.89%

  • BTI

    0.2600

    60.15

    +0.43%

  • RELX

    0.0300

    34.21

    +0.09%

  • JRI

    -0.0200

    12.8

    -0.16%

  • CMSD

    -0.0300

    23.07

    -0.13%

  • BCC

    0.0000

    69.62

    0%

  • VOD

    0.1100

    14.42

    +0.76%

UAE to pump CO2 into rock as carbon capture debate rages
UAE to pump CO2 into rock as carbon capture debate rages / Photo: Karim SAHIB - AFP

UAE to pump CO2 into rock as carbon capture debate rages

High in remote mountains in the oil-rich United Arab Emirates, a new plant will soon take atmospheric CO2 and pump it into rock -- part of controversial attempts to target planet-heating emissions without abandoning fossil fuels.

Text size:

Using novel technology developed by Omani start-up 44.01, the solar-powered plant will suck carbon dioxide from the air, dissolve it in seawater and inject it deep underground, where it will mineralise over a period of months.

The new site on the Gulf of Oman is funded by state oil giant ADNOC, whose CEO Sultan Al Jaber is president of the UN's COP28 climate talks and chairman of Masdar, a renewable energies company.

The first CO2 injection is expected during COP28 which starts on Thursday in nearby Dubai, and where the debate over hydrocarbons will be a key battle between campaigners and the oil lobby.

"We believe this volume of rocks here in the UAE has the potential to store gigatons of CO2," ADNOC's chief technology officer Sophie Hildebrand told AFP during a tour of the facility this week.

"ADNOC has committed $15 billion to decarbonisation projects," she added, declining to say how much was spent on the Fujairah plant.

The UAE is the world's seventh largest oil producer, and plans to invest $150 billion by 2027 to expand its oil and gas production capacity.

Oil producers are throwing their weight behind carbon capture and storage (CCS) technology as a global warming solution despite criticism from climate experts who caution it is insufficient to tackle the crisis.

With little investment and few projects in operation around the world so far, the technology is currently nowhere near the scale needed to make a difference to global emissions.

- 'Unproven at scale' -

The UN's Intergovernmental Panel on Climate Change (IPCC) says the existing fossil fuel infrastructure -- without the use of carbon capture -- will push the world beyond the desired limit of 1.5 degrees Celsius above pre-industrial levels.

At the plant in Fujairah, one of the UAE's seven sheikhdoms, giant fans extract CO2 directly from the surrounding atmosphere.

Liquid CO2 is stored in vertical tanks, then converted into gas and dissolved in seawater that will be injected into a well that is one kilometre (0.6 mile) deep.

"It will be around eight months for the CO2 to be fully mineralised in the subsurface from the moment of injection," said Talal Hasan, CEO of 44.01.

The company, one of the 2022 winners of the UK's Earthshot Prize, has already carried out a test injection of around 1.2 tons of CO2 in Oman.

"This is a 10 to 15 times scale-up of the Oman pilot," said Hasan.

The "target rate is one ton of CO2 per day for an initial period of 10 days," he added.

When asked about cost, he said the aim is to make it competitive with more conventional carbon storage techniques.

"Our target is to eventually reach a cost of about $15 per ton of CO2 sequestered, not including the cost of the actual capture of the CO2," he said.

Jaber, the COP28 president and head of ADNOC, has said climate diplomacy should focus on phasing out oil and gas emissions -- not necessarily the fossil fuels themselves.

Climate campaigners have raised concerns about the influence of fossil fuel interests at COP28, where the benefits of carbon capture will be strongly pushed.

"When negotiating parties speak of phasing down unabated fossil fuels, they are excluding those fuels whose emissions were mitigated by carbon capture and storage," said Karim Elgendy, associate fellow at Britain's Chatham House think tank.

"The issue with carbon capture and storage technologies is that they are unproven at scale," he said.

(S.G.Stein--BBZ)