-
Kenya's economy faces climate change risks: World Bank
-
Cash handouts, fare hikes as Philippines battles soaring fuel costs
-
Indonesia weighs response to price pressures from Middle East war
-
In Hollywood, AI's no match for creativity, say top executives
-
Nvidia chief expects revenue of $1 trillion through 2027
-
Nvidia making AI module for outer space
-
Migrant workers bear brunt of Iran attacks in Gulf
-
Trump vows to 'take' Cuba as island reels from oil embargo
-
Equities rise on oil easing, with focus on Iran war and central banks
-
Nvidia rides 'claw' craze with AI agent platform
-
Damaged Russian tanker has 700 tonnes of fuel on board: Moscow
-
Talks towards international panel to tackle 'inequality emergency' begin at UN
-
EU talks energy as oil price soars
-
Swiss government rejects proposal to limit immigration
-
Ingredients of life discovered in Ryugu asteroid samples
-
Why Iranian drones are hard to stop
-
France threatens to block funds for India over climate inaction
-
"So proud": Irish hometown hails Oscar winner Jessie Buckley
-
European bank battle heats up as UniCredit swoops for Commerzbank
-
Italian bank UniCredit makes bid for Germany's Commerzbank
-
AI to drive growth despite geopolitics, Taiwan's Foxconn says
-
Filipinas seek abortions online in largely Catholic nation
-
'One Battle After Another' wins best picture Oscar
-
South Koreans bask in Oscars triumph for 'KPop Demon Hunters'
-
'One Battle After Another' dominates Oscars
-
Norway's Oscar winner 'Sentimental Value': a failing father seeks redemption
-
Indonesia firms in palm oil fraud probe supplied fuel majors
-
Milan-Cortina Paralympics end as a 'beacon of unity'
-
It's 'Sinners' vs 'One Battle' as Oscars day arrives
-
Oscars night: latest developments
-
US Fed expected to hold rates steady as Iran war roils outlook
-
It's 'Sinners' v 'One Battle' as Oscars day arrives
-
US mayors push back against data center boom as AI backlash grows
-
Who covers AI business blunders? Some insurers cautiously step up
-
Election campaign deepens Congo's generational divide
-
Courchevel super-G cancelled due to snow and fog
-
Middle East turmoil revives Norway push for Arctic drilling
-
Iran, US threaten attacks on oil facilities
-
Oscars: the 10 nominees for best picture
-
Spielberg defends ballet, opera after Chalamet snub
-
Kharg Island bombed, Trump says US to escort ships through Hormuz soon
-
Jurors mull evidence in social media addiction trial
-
UK govt warns petrol retailers against 'unfair practices' during Iran war
-
Mideast war cuts Hormuz strait transit to 77 ships: maritime data firm
-
How will US oil sanctions waiver help Russia?
-
Oil stays above $100, stocks slide tracking Mideast war
-
How Iranians are communicating through internet blackout
-
Global shipping industry caught in storm of war
-
Why is the dollar profiting from Middle East war?
-
Oil dips under $100, stocks back in green tracking Mideast war
UAE to pump CO2 into rock as carbon capture debate rages
High in remote mountains in the oil-rich United Arab Emirates, a new plant will soon take atmospheric CO2 and pump it into rock -- part of controversial attempts to target planet-heating emissions without abandoning fossil fuels.
Using novel technology developed by Omani start-up 44.01, the solar-powered plant will suck carbon dioxide from the air, dissolve it in seawater and inject it deep underground, where it will mineralise over a period of months.
The new site on the Gulf of Oman is funded by state oil giant ADNOC, whose CEO Sultan Al Jaber is president of the UN's COP28 climate talks and chairman of Masdar, a renewable energies company.
The first CO2 injection is expected during COP28 which starts on Thursday in nearby Dubai, and where the debate over hydrocarbons will be a key battle between campaigners and the oil lobby.
"We believe this volume of rocks here in the UAE has the potential to store gigatons of CO2," ADNOC's chief technology officer Sophie Hildebrand told AFP during a tour of the facility this week.
"ADNOC has committed $15 billion to decarbonisation projects," she added, declining to say how much was spent on the Fujairah plant.
The UAE is the world's seventh largest oil producer, and plans to invest $150 billion by 2027 to expand its oil and gas production capacity.
Oil producers are throwing their weight behind carbon capture and storage (CCS) technology as a global warming solution despite criticism from climate experts who caution it is insufficient to tackle the crisis.
With little investment and few projects in operation around the world so far, the technology is currently nowhere near the scale needed to make a difference to global emissions.
- 'Unproven at scale' -
The UN's Intergovernmental Panel on Climate Change (IPCC) says the existing fossil fuel infrastructure -- without the use of carbon capture -- will push the world beyond the desired limit of 1.5 degrees Celsius above pre-industrial levels.
At the plant in Fujairah, one of the UAE's seven sheikhdoms, giant fans extract CO2 directly from the surrounding atmosphere.
Liquid CO2 is stored in vertical tanks, then converted into gas and dissolved in seawater that will be injected into a well that is one kilometre (0.6 mile) deep.
"It will be around eight months for the CO2 to be fully mineralised in the subsurface from the moment of injection," said Talal Hasan, CEO of 44.01.
The company, one of the 2022 winners of the UK's Earthshot Prize, has already carried out a test injection of around 1.2 tons of CO2 in Oman.
"This is a 10 to 15 times scale-up of the Oman pilot," said Hasan.
The "target rate is one ton of CO2 per day for an initial period of 10 days," he added.
When asked about cost, he said the aim is to make it competitive with more conventional carbon storage techniques.
"Our target is to eventually reach a cost of about $15 per ton of CO2 sequestered, not including the cost of the actual capture of the CO2," he said.
Jaber, the COP28 president and head of ADNOC, has said climate diplomacy should focus on phasing out oil and gas emissions -- not necessarily the fossil fuels themselves.
Climate campaigners have raised concerns about the influence of fossil fuel interests at COP28, where the benefits of carbon capture will be strongly pushed.
"When negotiating parties speak of phasing down unabated fossil fuels, they are excluding those fuels whose emissions were mitigated by carbon capture and storage," said Karim Elgendy, associate fellow at Britain's Chatham House think tank.
"The issue with carbon capture and storage technologies is that they are unproven at scale," he said.
P.Gonzales--CPN