Asian push for carbon capture, storage could add 25 billion tonnes of emissions by 2050: report

The increasing support of Asian countries for carbon capture and storage (CCS) to reduce fossil fuel emissions (may result in approximately 25 billion tons of additional greenhouse gas by 2050, undermining the Paris agreement and exposing its economies to risks.

Carbon capture and storage (CCS), electrical power plants and industrial facilities such as carbon dioxide (CO2) emissions from the trap, to prevent them from entering the atmosphere, and storing them in geological formations.

The study conducted by the climate Analytics, the global climatic science and policy institute, evaluated the existing and potential CCS deployment in China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Singapore and Australia.

He said that emissions caused by many Asian economies managed by other developing countries in India and Southern and Southeast Asia did not show signs of close summit and rapid decrease, but it should be reached quickly.

Although China and India, the largest emitters in Asia, largely breaks from CCS Nexus, Japan-South East Asia-South East, CCS Nexus, but their future paths will ultimately affect the global climatic action. China has already had the second largest CCS pipeline in Asia after Australia, while India has very few existence.

The report said that India, a large steel and cement manufacturer, can turn to more and more CCS in these difficult sectors. However, there are already cheaper and less risky options such as renewable energy, electrification and green hydrogen to address industrial emissions.

“China and India have less net CCS plans. China has a strong CCS, but also the most developed country in distributing zero emission technologies. China or India can have a more stable air conditioning results.”

India is already the world’s second largest steel consumer and is expected to see an annual demand increase between 2025 and 2030. Cement consumption in India and other South Asian countries said it could grow more than 40% in 2025-2035 period.

The report also warned that worldwide CCS projects are constantly performing low, and the capture rates are usually close to 50% rather than 90-95% requested by the industry. Distribution of CCs to the power sector can make at least twice as expensive with electric electric.

Japan and South Korea provide comprehensive financial and policy support to CCS, while Australia and Southeastern Asian countries position themselves as carbon storage centers. China has started to support new projects within the scope of the 2023 green and low -carbon technology demonstration plan.

James Bowen, the chief writer of the report, said, “We find a strong possibility that Asian countries can increase their support to CCS by 2050, which risks the cost of fossil fuels and stranded costs without fulfilling the risk of reaching the Paris Agreement 1.5 degrees Celtius heating limit.” He said.

“Asia at a turning point: Although these countries have not yet fell into a high CCS path, most CCS policies have adapted to protect the fossil fuel industry, especially in Japan, South Korea and Australia. This is a very risky strategy for the Paris Agreement, but for themselves.” He said.

In the report, a “deliberate low CCS road”, giving priority to renewable energy expansion, electrification and efficiency would be a more cost -effective and climate -compatible option for the region.