Rhode Island Science and Technology Advisory Council (STAC)

Making Innovation Central to Rhode Island's Future Gina M. Raimondo, Governor

Brown to Host Conference on Economic Opportunities of Carbon Capture and Utilization

Published on December 19, 2014

On January 15, 2015, the New England Clean Energy Council  in conjunction with Brown University and the Slater Technology Fund, will convene some of the leading thinkers, innovators, and investors in clean energy to exchange ideas and learn about carbon capture and utilization technologies coming from the region's labs and academic research centers. The event will focus on the opportunities and challenges of transforming an abundant industrial byproduct -- CO2 -- into value-added commodities and revenue streams. It will bring together the innovators who are attacking the technical and business challenges of carbon conversion and productive re-use, the investors backing them, and the companies turning to them for solutions.

According to the International Energy Agency, $36 trillion of global investment in clean energy will be required by 2050 to meet the internationally agreed-upon goal of limiting global temperature rise to less than two degrees Celsius. Under this 2050 scenario, Carbon Capture, Utilization, and Storage (CCUS) contributes one-sixth of total carbon dioxide (CO2) emission reductions, and 14% of the cumulative emissions reductions through 2050 against a business-as-usual scenario. While great strides have been made to capture and sequester CO2 in such a way that it lends itself to re-use, the creation of robust markets has lagged. Now is the time to bring momentum into the CO2 value-chains and capitalize on the ways we can transform CO2 from Waste to Worth.

Climate change presents once-in-a-lifetime opportunities for investors in clean and renewable energy, energy efficiency, and de-carbonization. It can also yield substantial economic benefits, including creating new jobs and businesses, stimulating technological innovation, and providing a robust foundation for economic recovery and sustainable long-term economic growth. Join us along with other investors, inventors, scientists, and policy makers to discuss and discover what it takes to capitalize on these opportunities.

The keynote speaker will be Richard L. Sandor, Chairman and CEO of Environmental Financial Products LLC.

The event is free and open to the public but registration is required.  Click here for more information and to register.

 

 

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