
"A spokesperson for H&M described the fast-fashion company's purchase of 10,000 metric tons of durable CDR from the Swiss company Climeworks, one of the largest purchases to date, and said H&M plans to use them to neutralize residual emissions. The tech companies affirmed their commitment to reduce emissions first and then use carbon removal to offset residual emissions, though none of them addressed NewClimate Institute's concerns that they would use large amounts of durable and nondurable CDR to claim progress toward net-zero."
"Jonathan Overpeck, a climate scientist at the University of Michigan and the dean of its School for Environment and Sustainability, said the NewClimate Institute report is timely. "Right now the whole idea of CDR ... is kind of a Wild West scene, with lots of actors promising to do things that may or may not be possible," he said. He added that companies appear to be using CDR as an alternative to mitigating their climate pollution."
Major companies including Amazon, Google, Microsoft, and H&M are investing in durable carbon dioxide removal (CDR). H&M purchased 10,000 metric tons of durable CDR from Climeworks to neutralize residual emissions. Tech firms state plans to reduce emissions first and use carbon removal only for residual emissions, but concerns exist that large-scale durable and nondurable CDR could be used to claim net-zero progress. TotalEnergies emphasized carbon capture and storage and nature-based solutions, which are short-lived offsets such as tree-planting and are considered inappropriate for offsetting fossil fuel emissions. Durable CDR removals remain vanishingly small compared with annual fossil-fuel pollution.
Read at WIRED
Unable to calculate read time
Collection
[
|
...
]