Raw: [
Carbon capture and storage, an emerging technology that reduces emissions from continuous operation of greenhouse gas emitting sources,…
The post Carbon Capture Used Extensively At COP28 To Push Fossil Fuel Industries appeared first on Carbon Herald.
] Carbon Capture Used Extensively At COP28 To Push Fossil Fuel Industries Carbon Herald InterviewsCompaniesStocksCarbon Capture StocksHydrogen StocksRemovalPolicyCarbon MarketsPodcastScienceDirect Air CaptureHydrogenOpinionNewsletterAdvertisingArchives Archives Select Month December 2023 (43) November 2023 (169) October 2023 (179) September 2023 (171) August 2023 (144) July 2023 (146) June 2023 (130) May 2023 (112) April 2023 (132) March 2023 (169) February 2023 (123) January 2023 (103) December 2022 (97) November 2022 (128) October 2022 (118) September 2022 (109) August 2022 (64) July 2022 (90) June 2022 (90) May 2022 (92) April 2022 (83) March 2022 (85) February 2022 (74) January 2022 (73) December 2021 (53) November 2021 (95) October 2021 (84) September 2021 (75) August 2021 (60) July 2021 (48) June 2021 (69) May 2021 (36) April 2021 (34) March 2021 (48) WingsWingsSelect CategoryCaptureCarbon AccountingCarbon Capture StocksCarbon MarketsCompaniesDaily BriefDirect Air CaptureHydrogenHydrogen StocksInterviewsInvestmentOpinionPartner ContentPolicyPress ReleaseRemovalScienceStartupsStocksTechnologyUncategorized MetaLog inEntries feedComments feedWordPress.org Carbon Herald Carbon Herald InterviewsCompaniesStocksCarbon Capture StocksHydrogen StocksRemovalPolicyCarbon MarketsPodcastScienceDirect Air CaptureHydrogenOpinionNewsletterAdvertising Carbon Herald Latest Carbon Capture Used Extensively At COP28 To Push Fossil Fuel Industries Aviva Partners With Wild + Pine To Remove Carbon Through Afforestation Project $520M Awarded By EU Commission To Five Carbon Transport And Storage Projects Cory Announces Exclusive Commercial Agreement With Harbour Energy, BP And Associated British Ports агреена zurich insurance ZS2 CapturePolicyCarbon Capture Used Extensively At COP28 To Push Fossil Fuel Industries byPetya TrendafilovaDecember 11, 20234 minute read Credit: Petya Trendafilova | Carbon HeraldTotal0Shares 0 0 0 0 0 0 0 Carbon capture and storage, an emerging technology that reduces emissions from continuous operation of greenhouse gas emitting sources, has been used hard by fossil fuel and other high-pollution regions at COP28 to delay progress in phasing out fossil fuels and enable polluters to keep operations.Data revealed by the Centre for Environmental Law shared exclusively with the Guardian, shows that COP28 organizers granted attendance to at least 475 lobbyists working on carbon capture and storage (CCS). The narrative that they are trying to proclaim is exaggerating the role carbon capture and storage or carbon management is capable of playing in reaching the world’s target of limiting global warming to 1.5 degrees. Relevant: COP26 – What Was Achieved And What Needed To Be Done?John Kerry, the US Special Presidential Envoy for Climate, also warned the world that fossil-fuel-producing countries are arguing carbon pollution can be largely captured and buried using scrubbing technology that is still unproven to work effectively at the scale that is needed to make a dent in global emissions.Speaking at an event on Friday evening on the sidelines of the U.N. COP28 climate talks in Dubai, Kerry pointed out the nations are wrangling over the draft of a pledge to end fossil fuel use and pointing out at carbon capture and storage as a main alternative to solve the climate crisis. “There are people here who want to just continue business as usual. And the great facade is: ‘Oh no, we’ll be able to capture everything… No scientist tells me we can capture it all. Can’t do it. Can we capture some? Yes, and by the way, I’m for it,’” said Kerry.Kerry continued his comments saying it was up to the gas industry “to show us they can capture all those emissions, to tell us whether it’s really going to be part of the future. But don’t lie to people and tell them it’s green. And don’t pretend to people that that’s the main alternative.”According to him, the next few days of talks, scheduled to end Tuesday, would be “absolutely critical. Without any question whatsoever.”Source: stock_photo_world via ShutterstockResearch performed by Climate Action Against Disinformation, a global coalition of more than 50 organizations working to identify, analyze, and counter climate disinformation worldwide, also confirms the trend that the fossil fuel industry is exaggerating the potential of CCS in solving the climate crisis. The analysis shows fossil fuel companies are spending millions of dollars for the promotion of carbon capture and storage on social media as a “silver bullet” solution to climate change, manipulating the narrative around climate change solutions.There is a draft released by the UAE government on Friday with options for a deal between almost 200 countries to “phase out” fossil fuels, supported by small island states, the U.S. and the European Union and an option for no deal at all, supported by Saudi Arabia, China and Russia – the world’s most fossil fuel dependent countries. Relevant: 131 Companies Call For COP28 Agreement To Phase Out Fossil FuelsAccording to negotiation outcomes, Saudi Arabia is pushing for tackling the emissions rather than tackling the fuels that cause emissions. That also pushes for creating a dependence on carbon capture and storage technologies as a way of tackling emissions. As reported, countries are currently divided over how much CCS/ CCUS technology can be used, versus reaching an agreement over simply stopping the use of the fuels.The EU is pushing for the deal at COP28 to include a stipulation that carbon capture and storage (CCS) can only be used for the hardest sectors to cut out the use of fossil fuels, like the cement industry.“Make no mistake, we cannot CCS ourselves out of the problem,” said EU climate commissioner Wopke Hoekstra, adding that carbon capture and storage was “a minor part of the solution space.”Image: Cagkan Sayin/ShutterstockCarbon capture and storage have also been causing other heated confrontations during the conference. Senior officials at the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC) were arguing about the viability of the solution towards reaching the net zero target. The IEA called on oil and gas producers to let go of “the illusion that implausibly large amounts of carbon capture” are the solution to reducing emissions and reaching net zero targets. OPEC was accusing the IEA of finger-pointing, vilifying producers and using an “extremely narrow framing” of the challenges in reaching net zero that downplays energy security and affordability.According to IEA projections, even under the most ambitious scenarios for carbon capture, the technology is able to scale to cover just 10% of cumulative emissions reductions between 2022 and 2050. That is due to its high cost of deployment, unmanageable by most emitters, and energy intensity. The limited capacity of the approach to mitigate climate change more broadly shows it is a niche solution.However, CCUS/ CCS is a perfect match, according to industry specialists, for some hard-to-abate industries such as cement and waste-to-energy to reduce their emissions fast. That makes the ways of implementation critical to ensure the success of carbon capture as a climate change solution.Other science-backed research also shows that scaling solar and wind energy rather than equipping fossil fuel plants with carbon capture and storage is a better investment and requires less energy. Carbon capture and storage remains a medium-term alternative overall to reducing emissions in the economy while grid-scaling renewables plus battery storage, coupled with hydrogen adoption is the long-term viable solution, proven to effectively drive down energy prices and cut the emission of greenhouse gases from the point source. 0 0 0 carbon capturecarbon capture and storageCentre for Environmental LawClimate Action Against DisinformationCOP28 climate talksJohn KerryLeave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment *Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ View Comments (0)Subscribe to Our Weekly Newsletter Get the Latest News About the Carbon Industry Subscribe By checking this box, you confirm that you have read and are agreeing to our terms of use regarding the storage of the data submitted through this form. Search Recent Posts Carbon Capture Used Extensively At COP28 To Push Fossil Fuel Industries December 11, 2023 Aviva Partners With Wild + Pine To Remove Carbon Through Afforestation Project December 11, 2023 $520M Awarded By EU Commission To Five Carbon Transport And Storage Projects December 8, 2023 Cory Announces Exclusive Commercial Agreement With Harbour Energy, BP And Associated British Ports December 8, 2023 McKinsey Believes Carbon Removals To Be A Trillion Dollar Market Opportunity December 8, 2023Social Links LinkedIn Twitter Facebook Related Posts Read More Capture$520M Awarded By EU Commission To Five Carbon Transport And Storage Projects While there have been challenges to the role of carbon capture at COP28, the EU Commission (EC) continues…December 8, 2023 Read More CapturePress ReleaseCory Announces Exclusive Commercial Agreement With Harbour Energy, BP And Associated British Ports Viking CCS, the Humber-based CO2 transportation and storage network led by Harbour Energy together with non-operating partner bp,…December 8, 2023 Read More CapturePolicyPress ReleaseJapan Industry Ministry Proposes CO2 Storage Permission System The industry ministry of Japan Tuesday proposed the creation of a permission system for drilling and storage operations…December 8, 2023 Read More CaptureDNV Appoints Jamie Burrows As Head Of Carbon Capture Unit DNV has announced the appointment of Jamie Burrows as head of its Energy Systems business area’s Carbon Capture,…December 8, 2023 Carbon Herald About usContact UsMedia Kit Published by Net Zero Communications Ltd – Company No. 13165965 Total0Share 0 0 0