Asian countries that are considering carbon capture and storage (CCS) plan to address fossil fuel emissions could create a ‘considerable and unnecessary risk’ not only to the Paris Agreement, but also to their own economies according to a new report by global science and policy institute Climate Analytics.
the new 43-page report the global climate risks of Asia’s expansive carbon capture and storage plans says Asia’s adoption of CCS could see huge surge in emissions.
it said if the Asian countries were to fully embrace this risky technology, this could lead to an extra 25bn tonnes of emissions by 2050.
the analysis conducted by Climate Analytics assessed the current pipeline and prospective future deployment of CCS in Asia and some of its largest and/ or most influential economies, energy users, and greenhouse gas emitters: China, India, Japan, Korea, Indonesia, Thailand, Malaysia, and Singapore, as well as a key regional partner, Australia (which has strong integration with Asian fossil fuel trade and CCS plans).
together, these countries make up more than half the world’s fossil fuel and greenhouse gas emissions.