It sounds almost too good to be true: new technology that would be better than carbon neutral — it would be carbon negative, taking more climate-warming carbon dioxide out of the air than factories and vehicles put in. It’s called air capture technology, and Reuters took a look at some promising versions of it on October 1.
This technology is expected to help some of the world’s poorest countries capitalize on any global carbon market, which would put a price on carbon emissions and let rich companies that spew lots of carbon buy carbon credits from poor companies and countries that emit less. The least developed countries emit very little carbon now. But the way the carbon market is set up under the Kyoto Protocol, this puts them at a disadvantage. If you don’t emit a lot it’s tough to get access to financing and clean technology under the current rules.
Most of these less-developed countries are going to be on the front lines of climate change, if they’re not there already. The predicted ravages of a changing climate, including droughts, floods and wildfires, would hurt them worst and first. The idea is that they need to develop, to give themselves a cushion against these disasters. To develop, they need energy. And usually, getting energy has meant spewing more greenhouse gases into the atmosphere, adding to the climate change that caused the problem in the first place.