Asian countries’ growing support for carbon capture and storage (CCS) to reduce fossil fuel emissions could result in nearly 25 billion tonnes of additional greenhouse gases by 2050, undermining the Paris Agreement and exposing their economies to risks, according to a new report released on Monday.
Carbon capture and storage (CCS) is a technology designed to trap carbon dioxide (CO2) emissions from sources such as power plants and industrial facilities, prevent them from entering the atmosphere, and store them underground in geological formations.
The study by Climate Analytics, a global climate science and policy institute, assessed current and prospective CCS deployment in China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Singapore and Australia, which together account for more than half of global fossil fuel use and greenhouse gas emissions.
It said emissions from many Asian economies, led by India and other developing countries in South and Southeast Asia, show no​Asian countries’ growing support for carbon capture and storage (CCS) to reduce fossil fuel emissions could result in nearly 25 billion tonnes of additional greenhouse gases by 2050, undermining the Paris Agreement and exposing their economies to risks, according to a new report released on Monday.
Carbon capture and storage (CCS) is a technology designed to trap carbon dioxide (CO2) emissions from sources such as power plants and industrial facilities, prevent them from entering the atmosphere, and store them underground in geological formations.
The study by Climate Analytics, a global climate science and policy institute, assessed current and prospective CCS deployment in China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Singapore and Australia, which together account for more than half of global fossil fuel use and greenhouse gas emissions.
It said emissions from many Asian economies, led by India and other developing countries in South and Southeast Asia, show no ​Latest News [ SOBAN NEWS: International and National ]
