Current efforts to reduce CO2 emissions will not be enough to achieve the goal of zero net emissions by 2050. This will be “
impossible
” if we do not accelerate the deployment of capture solutions, use and storage of carbon dioxide (CCUS in English), alerted Thursday Fatih Birol, executive director of the International Energy Agency (IEA).
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While today barely 40 million tonnes of CO2 are captured, we must aim for 800 million tonnes by 2030, urges the boss of the agency.
Lack of incentives, the high cost of technology and public opposition to CO2 storage, especially underground, have slowed project development.
Annual investments do not even exceed 0.5% of all spending in renewable energy and energy efficiency, deplores the IEA.
160 billion dollars (137 billion euros) should be invested by 2030 in the capture, use and
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