Geoengineering to Alter Climate Moves Closer to Reality
(Bloomberg) -- A United Nations body is investigating controversial methods to avert runaway climate change by giving humans the go-ahead to re-engineer the Earth's oceans and atmosphere.
So-called geoengineering is seen as necessary to achieve the COP21 Paris agreement clinched in December, when 197 countries pledged to keep global temperatures rises below 2 degrees Celsius (3.6 degrees Fahrenheit), according to researchers who produced a report for the UN Convention on Biological Diversity.
“Within the Paris agreement there's an implicit assumption that there will need to be greenhouse gases removed,” said Phil Williamson, a scientist at the U.K.'s University of East Anglia, who worked on the report. “Climate geoengineering is what countries have agreed to do, although they haven't really realized that they've agreed to do it.”
Large-scale geoengineering may include pouring nutrients into oceans to save coral habitats or spraying tiny particles into the Earth's atmosphere to reflect sun rays back into space. Geoengineering proposals have been shunned because of their unpredictable consequences on global ecosystems.
Hazardous, Costly
The University of East Anglia released a study in February that concluded geoengineering ideas were hazardous, costly or unrealistic. The Convention on Biodiversity has approached geoengineering with caution, seeking to constrain the development unless there is effective global governance, Williamson said.
“Risks of having local imbalances of climate are quite high, we're not quite sure how it would turn out,” Williamson said. “If you have a climate catastrophe, a flood or storm, the accusation will be that it resulted from your action in the atmosphere.”
Some minds have nevertheless been changing when confronted with the scale of the climate change problems to be solved. Monday's report makes clear that while geoengineering still entails environmental, political and economic risks, it's worth considering as long as potentially unintended consequences can be pinpointed and minimized.
Carbon capture and storage is one of the more viable options going forward, Williamson said. Costs for machines that suck carbon dioxide out of the air, known as the direct air capture method, are falling as the technology becomes more efficient. The government of Norway recently committed $160 million to fund projects that will collect pollution from three industrial sites and extend its research program.
World leaders will be meeting in Marrakesh from Nov. 7 to 20 for the COP22 conference to bang out more details on the implementation of climate deal and discuss concrete plans. To date, 87 countries have ratified the Paris agreement, including China, the U.S. and the European Union. It will enter into force Nov. 4.
The geoengineering report will be presented at a UN Convention on Biodiversity Conference in Cancun, Mexico in December.
To contact the reporter on this story: Anna Hirtenstein in London at ahirtenstein@bloomberg.net. To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net, Jonathan Tirone
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
-
Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets
-
India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.
-
When Everyone Has AI, What Gives You An Edge?
India's young workforce is entering an uncertain world of work where powerful AI tools are becoming widely accessible. The advantage will belong to those who combine deep expertise with digital fluency, and the distinctly human capabilities that technology cannot manufacture.
-
Wrong Labels, High Pesticide Residues Holding Back Agri Exports | The Reason Why
India needs stronger domestic food-safety and labelling standards, with best practices becoming part of everyday business for farmers, traders and food companies.