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The world’s largest fossil fuel and cement companies should shoulder a major share of the investment needed to develop carbon removal technologies, according to a new peer-reviewed study in Climate Policy.
A major new assessment finds that the world is stalling on progress to limit warming to 1.5°C, with none of the 45 indicators of climate action on track for 2030.
This report looks at decarbonisation options for both the so-called "hard-to-abate" iron & steel - and cement - sectors, along with the lack of progress on CCS, and finds the claims they are hard-to-abate difficult to reconcile with reality.
Asian countries are considering CCS to address fossil fuel emissions, which could create a "considerable and unnecessary risk" not only to the Paris Agreement, but also to their own economies.
Climate Analytics Australia responds to new 2035 climate target