![]() 'Technology quests': the 55 innovations needed for Europe to reach net-zero by 2050 This means converting plant matter (biomass), which naturally absorbs CO 2 from the air as it grows, into electricity, heat, or biofuels, with the carbon emissions being captured and stored in subsea or underground geological formations, or perhaps embedded in long-lasting products such as carbon-enriched concrete or CO 2-based plastics.Īccording to the UK government advisory body, the Committee on Climate Change, the UK needs to capture and store 50 million tonnes of CO 2 annually through BECCS to reach net-zero by 2050.Īnd for the EU to hit net-zero by mid-century, the bloc would need to capture 25 million tonnes of CO 2 a year via BECCS, according to the IEA - a lower figure than the UK due to the bloc’s plan to shut almost all fossil-fuel power plants by that date, aside from gas peaker plants that would help balance the grid. The primary way of removing CO 2 from the atmosphere will be bioenergy with carbon capture and storage (BECCS), according to the IEA. Bioenergy with carbon capture and storage (BECCS) Recharge has identified the five most promising carbon-removal methods that could be achieved at scale and, ultimately, at a low cost within the next 20 years - a fascinating blend of nature working in tandem with new technologies. and at the same time there should be a push to understand which of the carbon-removal technologies are the most promising.” So there should be a reduction of emissions. ![]() So those things should happen in parallel. “It also takes a very long time - 30 to 40 years - to bring those new technologies to the market. UK power sector 'must become carbon-negative by mid-2030s to hit 2050 net-zero target' The bad news is that none of them have been used at scale and the cost of CO 2 extraction is still extremely expensive.Īfter all, the world is still pumping more than 30 billion tonnes of CO 2 into the atmosphere each year, so why should money be spent on removing a tiny part of those emissions? The good news is that, yes, permanent carbon removal is possible and several innovative methods are now being put into practice. Yet while countries are rightfully focusing hard on reducing emissions, little thought seems to have gone into how millions of tonnes of carbon dioxide will be sucked out of the air within a few decades, whether it can be done at a sufficient scale, how much it might cost and who would pay for it? ![]() In other words, for every tonne of carbon dioxide emitted, a tonne of CO 2 will be removed from the atmosphere. It is, however, a promise that any remaining emissions will be offset by carbon-negative solutions. South Korea needs 'fundamental change' in joining emerging Asian net-zero shift ![]()
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