-
Chinese tech giant Alibaba posts profit drop amid AI drive
-
King Charles lays out Starmer's agenda as PM fights for survival
-
Japan suspend Eddie Jones for verbally abusing officials
-
England drop Crawley for 1st Test against New Zealand
-
Stocks rise ahead of US-China summit as Iran talks stall
-
One trip, one ticket: New EU rules aim to ease train travel
-
SoftBank profit quadruples to $32 bn on AI investments
-
Africa must drop 'victim mentality': mogul Tony Elumelu
-
'Ungovernable' Britain? Once-stable politics in freefall
-
China tech giant Tencent sees Q1 profit jump after AI bets
-
Nissan expects return to profit after huge loss
-
World Cup broadcast deadlock ends up in Indian court
-
Asian stocks mixed on US-Iran impasse, AI setbacks
-
Besieged Starmer seeks to heal Labour divisions in King's Speech
-
After winter storms, fires now threaten Portugal's forests
-
Philippine senator seeks military support to block ICC drug war arrest
-
UK's Catherine on first official foreign trip since cancer revelation
-
'Short of blue-collar workers': Ukraine's battle for labour
-
'Don't understand it, but it looks fun': cricket bowls Japan over
-
Poor planning fuels Bangladesh contraceptive crisis
-
Fugitive financier sought in Malaysian fund scandal seeks Trump's pardon
-
World Cup comes to 'Soccer Town USA,' but locals priced out
-
Don't mention the war: Tucson prepares to welcome Team Iran for World Cup
-
Hosting World Cup evokes powerful memories for Mexico, and raises expectations
-
AI rivalry overshadows push for guardrails at Xi-Trump talks: experts
-
Asian stocks fall on US-Iran impasse, AI setbacks
-
Wembanyama leads Spurs to brink as Timberwolves routed
-
Ronaldo left waiting for Saudi title after goalkeeping gaffe
-
'Not my son's fault': The women bearing the children of Sudan's war rapes
-
'I applied to be pope': Losing grip on reality while using ChatGPT
-
EU to ease train travel with one journey, one ticket rules
-
Quick bowler Brown left out of Australia T20 World Cup squad
-
Los Angeles stadium undergoes World Cup facelift
-
Pacific nation Nauru to change name in break from colonial past
-
Messi still highest-paid player in MLS
-
Paramount defends Warner bid amid California probe
-
SMX And the Plastic Reset: How Verified Recycling May Determine the Future Cost of Modern Life
-
The White House Names Peter Arnell as U.S. Chief Brand Architect within the National Design Studio
-
Cash Felber Charges to Maiden British F4 Podium at Brands Hatch
-
Minnesota Hospitals Positioned to Strengthen Rural Care Through Rural Health Transformation Opportunities
-
Galway Metals Reports High-Grade Gold Intercepts at Southwest Deposit Including 20.7 g/t Gold over 11.0 Meters
-
XCF Global Backs Southern Energy Renewables' LOI With Hapag-Lloyd for Green Methanol Project Development and Long-Term Offtake as Strategic Fit for Pending Business Combination with Southern Energy Renewables and DevvStream Corp
-
Who Is the Best Plastic Surgeon in U.S.?
-
Birkenstock Reports Fiscal Second Quarter 2026 Results with Revenue Growth Of 14% In Constant FX Despite War, Tariffs and Inflation; Confirms Full-Year Target Of 13-15%
-
Greer Injury Lawyers Secures $38,816,500 Verdict for Client and Family
-
Guardian Metal Resources PLC Announces Tempiute Historical Mine Tailings Update
-
Tocvan Announces New Surface Gold-Silver Results, Outlining New Target 3 Kilometers East of Main Zone at Gran Pilar Gold-Silver Project
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - May 13
-
Agnete Kirk Kristiansen Appointed Chair of the LEGO Foundation
-
Blister worry hits McIlroy as PGA start looms at Aronimink
Climate maths 'doesn't add up' without carbon capture: COP28 chief
The Emirati oil chief leading this year's UN climate talks said Wednesday the world must get "serious" about new emission-capturing technology, rather than focussing only on replacing fossil fuels with renewable energy.
Sultan Al Jaber said renewables such as solar and wind "cannot be the only answer", especially in the steel, cement and aluminium industries, where emissions are particularly hard to reduce.
While major oil producers Saudi Arabia and the United Arab Emirates are touting carbon capture and storage as a remedy for global warming, some experts caution that the nascent technology is unproven and expensive, and should not replace efforts to phase out hydrocarbons.
"Renewable energies are not and cannot be the only answer," argued Al Jaber, who is simultaneously the head of state oil giant ADNOC and the country's climate envoy.
"If we are serious about curbing industrial emissions, we need to get serious about carbon capture technologies," he told the United Arab Emirates' Climate Tech event in Abu Dhabi.
"We need to phase out emissions," added Al Jaber, reiterating his position that crude remains indispensable to the global economy and crucial to financing the energy transition.
- COP battleground issue -
The debate between carbon capture and reduced fossil fuel use is shaping as a key battleground at COP28, beginning in November in Dubai, the UAE's commercial hub.
Earlier this year, the UN's climate expert panel (IPCC) said the world risks crossing the key 1.5-degree Celsius global warming threshold in about a decade, urging a drastic reduction in planet-heating emissions.
One of the fastest transformations will need to be in energy, the report said, with solar and wind power already expanding dramatically.
Major economies are taking key steps, with the European Union banning sales of new fossil fuel cars from 2035 and planning to nearly double renewable energy production by 2030.
But greenhouse gas emissions from existing fossil fuel infrastructure will still push the world beyond 1.5C unless the costly and emerging carbon capture and storage technologies are utilised, the IPCC said.
"Cost remains a barrier," said Al Jaber, president-designate of COP28.
He said policymakers must provide incentives to companies to commercialise technological solutions, including carbon capture and storage (CCS) and direct air capture (DAC).
CCS syphons off CO2 pollution from energy production and heavy industry and stores it underground, thus preventing it from entering the atmosphere.
By contrast, direct air capture -– still in its infancy -- removes CO2 directly from ambient air, which makes it a "negative emissions" technology.
- 'Distraction we can't afford' -
Some environmentalists are sceptical about the focus on carbon capture, with Rex Weyler from Greenpeace last year labelling it a "scam".
"Carbon offset technologies are a distraction that we cannot afford," Julien Jreissati, programme director at Greenpeace MENA, told AFP on Wednesday.
"They have yet to be commercially viable and are not proven at scale despite years of development and billions of dollars of investment."
Worldwide, there are about 35 commercial facilities applying carbon capture, utilisation and storage to industrial processes, fuel transformation and power generation, with a total annual capture capacity of almost 45 million tonnes of CO2, according to the International Energy Agency.
Current global CO2 emissions from all sources are about 40 billion tonnes.
Novel DAC technologies only account for a tiny fraction -- about 0.1 percent -- of worldwide carbon dioxide removal, the first global assessment of CO2 removal said in January.
The report stated that capping global warming at liveable levels will be impossible without massively scaling up the extraction of planet-warming carbon dioxide from the atmosphere.
A.Clark--AT