There has been a report issued on the state of carbon dioxide removal (https://ianmillerblog.wordpress.com/wp-content/uploads/2024/06/c57f5-the-state-of-carbon-dioxide-removal-2edition.pdf) that paints a rather gloomy picture. A large number of countries pledged in the Paris Agreement to reduce emissions of CO2. So far, what has actually happened is the total is increasing. This report has given up on the 1.5 degrees C temperature rise and focuses on the 2 degree rise. The Paris Agreement states that climate change mitigation must be done “in the context of sustainable development”. If we wish to reach the two degree goal, besides serious reduction in emissions we have to remove 260 billion tonne of CO2 from the atmosphere by 2050, and if the reduction in emissions target is not reached, whatever of the target was not reached by.
We are currently removing about 2 billion tonne per annum (t/a) of CO2 from the atmosphere, but most depend on land use change and forestry. Novel methods of removing CO2 from the atmosphere have accounted for approximately 1.3 million t/a of which approximately 0.6 million t/a involves geological storage of CO2. Most of that being fixed comes from specific projects such as making bioenergy with carbon capture and storage, or by using biochar.
As to what is being done to remove it, there is a steady growth in publications about how to do it (19% /a). We are very good at sitting in an office and writing reports, and, additionally, requesting funds to write more reports. There are, apparently, a number of startups, however CO2 removal accounts for just 1.1% of investment in climate-tech startups. The good news is that the diversity of options appears to be growing. However, deployment is not. In terms of deployment, forestry accounts for almost all the carbon taken from the atmosphere. To summarize, there has been a lot of effort in research, some in demonstration, but very little in deployment, other than forest management. In principle, the carbon market should be playing a positive role here, but there is also a problem because somewhere along the line someone has to be paying real money and the political will to raise charges under current economic problems is a little thin.
A further problem lies in monitoring and verification. Different countries have different protocols. That has led to more reports trying to put numbers on the sum of the efforts. In my opinion, this is not money well-spent right now, and the most effort should go into developing and implementing the technologies we intend to use. There is only one useful monitor, and that is easy to do: monitor the CO2 levels in the atmosphere. We know what has to be done and we know we are nowhere even close to doing it. It is one of the curses of having gone down the track of using “market forces” to achieve this result the efforts have to be measured in detail to get the accounting right and we spend more effort measuring our totally inadequate efforts than implementing more technology to remove CO2.
Going back to the report, the major conclusion is there is a serious gap between the amount of carbon dioxide removal required to meet the Paris temperature goal and the amount that nations are submitting in proposals. This is serious because nations are inevitably going to fail to meet such proposals and if the proposals are seriously inadequate anyway, all the hype from the politicians is a waste of breath. The report states that the gap can be closed by rapidly reducing emissions, scaling up methods to remove CO2 from the atmosphere, and “explicitly integrating sustainability considerations into carbon dioxide removal policy”. Even with massive reductions in emissions, right now we are removing about 2Gt/a, mainly through forestry. We should be removing about 5.4 Gt/a, and by 2050 we have to be removing 9.8 Gt/a, assuming we meet the target for reduction of emissions.
In my opinion, the only practical steps to reduce emissions is to deploy a large number of molten salt nuclear reactors to generate electricity. The reason for molten salt is to reduce the nasty wastes, and to remove the means of making more nuclear bombs.