Current:Home > MarketsSome nations want to remove more pollution than they produce. That will take giving nature a boost -AssetTrainer
Some nations want to remove more pollution than they produce. That will take giving nature a boost
Rekubit Exchange View
Date:2025-04-09 01:27:03
DUBAI, United Arab Emirates (AP) — Why promise net zero emissions when you can go even lower, such as negative emissions?
As countries at the COP28 climate talks are wrangling over ways to lower their greenhouse gas emissions, a Danish-led group of countries has decided to set the ultimate goal: to remove more carbon dioxide, the main source of global warming, from the atmosphere than they emit.
The Group of Negative Emitters was launched Sunday in Dubai by Denmark, Finland and Panama, and aims to reach that goal by slashing emissions, protecting and expanding forests, and investing in new technologies. Panama has already reached the goal with its vast forests that act as a huge carbon sink. Finland and Denmark hope to achieve this by 2035 and 2045, respectively.
“It’s a huge challenge to become carbon neutral and then carbon negative and we are not yet there,” cautioned Kai Mykkänen, Finland’s environment minister, “but we are really targeting this.”
For the rich Nordic country, the strategy is threefold. It will cut emissions, especially in the energy sector, expand forests, and invest in carbon capture and removal technology that traps planet-warming emissions from reaching the atmosphere and then transport it to where it can be permanently stored underground.
Many experts say the technology to capture carbon and store works but is expensive. It’s still in the early days of deployment, so not available at scale. There are about 40 large carbon capture projects in operation around the world, pulling in roughly 45 million metric tons of carbon dioxide each year, according to the International Energy Agency. That’s a tiny amount — roughly 0.1% of the 36.8 billion metric tons emitted globally, as tallied by the Global Carbon Project.
“Decades of carbon capture have shown it to be ineffective, uneconomic, and risky for communities. The very industry that has brought us to the brink of climate catastrophe will not save us from it,” said Nikki Reisch, Climate and Energy Program Director at the Center for International Environmental Law.
Dan Jørgensen, Denmark’s environment minister, acknowledges there is a long road ahead.
“Obviously it’s a big step, especially if you wanted to deploy technology that’s not yet been fully developed,” he said.
Unlike Panama and Finland, Denmark does not have vast forests and sees new technology as crucial to reach its targets.
The country recently broke ground on a new carbon capture facility that is expected to be operational by 2026. It hopes the project will serve as proof of concept.
“When we decided to make the first offshore wind farm in 1991, a lot of people were shaking their heads thinking that was crazy because it’s far too expensive,” recalled Jørgensen. “But we did it and today, offshore wind can compete with fossils in price almost everywhere in the world.” Today, almost 50% of Denmark’s electricity comes from wind energy.
Finland’s Mykkänen says carbon capture might still sound like “voodoo,” but he’s confident the technology will be normalized within 10 to 15 years as countries invest in it and costs are driven down.
Technology transfers and paying for the energy transition have been key sticking points in the climate talks in Dubai, where developing countries are urging the developed world for more financing to help them move away from fossil fuels.
Harjeet Singh of Climate Action Network International says the world needs a two pronged approach.
“Developed countries have to reduce their emissions to net negative,” said Singh. “But at the same time, transfer the technology and finance to developing countries so that we can actually multiply that effort there, because that’s where emissions are rising.”
___
Associated Press writers Michael Phillis in St. Louis, Missouri, and Sibi Arasu in Dubai contributed to this report.
___
Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content.
veryGood! (6)
Related
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- GOP candidate for Senate in New Jersey faced 2020 charges of DUI, leaving scene of accident
- Biden is coming out in opposition to plans to sell US Steel to a Japanese company
- Florida citrus capital was top destination for US movers last year
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- How to Deep Clean Every Part of Your Bed: Mattress, Sheets, Pillows & More
- Going abroad? Time to check if you're up to date on measles immunity, CDC says
- Author Mitch Albom, 9 other Americans rescued from Haiti: 'We were lucky to get out'
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Mars Wrigley promotes chewing gum as tool to 'address the micro-stresses of everyday life'
Ranking
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Judge to hear arguments on whether to dismiss Trump’s classified documents prosecution
- Eli Lilly teams with Amazon to offer home delivery of its Zepbound weight-loss drug
- House passes TikTok bill. Are TikTok's days numbered? What you need to know.
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- How Khloe Kardashian Is Celebrating Ex Tristan Thompson's Birthday
- Wood pellet producer Enviva files for bankruptcy and plans to restructure
- National Pi Day 2024: Get a deal whether you prefer apple, cherry or pizza pie
Recommendation
The Best Stocking Stuffers Under $25
Jury begins deliberating manslaughter case against Connecticut trooper who killed man in stolen car
A proposal to merge 2 universities fizzles in the Mississippi Senate
Lawyer says Epstein plea deal protects Ghislaine Maxwell, asks judge to ditch conviction
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
SZA reflects on having breast implants removed due to cancer risk: 'I didn't feel good'
Cities on both coasts struggled to remain above water this winter as sea levels rise
Some Alabama websites hit by ‘denial-of-service’ computer attack