UN advises against offsets for carbon removal technologies
Published on 25/05/2023, 5:19pm
Billions of dollars are pouring into tech-based solutions to suck carbon dioxide from the atmosphere but the UNFCCC says they are unproven and pose unknown risks.
By Matteo Civillini
The United Nations climate body has cast doubt over technologies that aim to suck carbon pollution from the atmosphere, calling them “unproven” and potentially risky.
In a briefing note, unnamed authors from the UN’s climate body (UNFCCC) said these removal activities are “technologically and economically unproven, especially at scale, and pose unknown environmental and social risks”. It concludes they are therefore not suitable for offsetting carbon emissions under the upcoming UN’s global scheme.
The UN assessment has angered the growing industry, which is seeing billions of dollars of investment from governments and corporations.
More than 100 figures from the carbon removal industry signed a letter addressed to the UN body asking it not to rule out any specific activity, but to “let science, innovation, and the market compete to deliver the solutions”.
https://www.climatechangenews.com/2023/05/25/un-advises-against-carbon-offsets-for-carbon-removal-technologies/