1 / 11

Championing CO2 Phase-Out: REINVENT for Decarbonisation

Explore the role of economic and social actors in championing the phase-out of CO2 emissions. REINVENT offers a bottom-up perspective to understand climate innovation and support deep decarbonisation pathways in key sectors. Join us at EU Sustainable Energy Week.

dplatt
Download Presentation

Championing CO2 Phase-Out: REINVENT for Decarbonisation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How economic and social actors can champion CO2 phase-out REINVENT: Realising Innovation in Transitions for Decarbonisation Lars J. Nilsson Lund University, Sweden

  2. Questions • Can deep decarbonisation pathways be reconciled with the political objectives of reinvigorating European industries and strengthening economic competitiveness? • Yes, absolutely. Why not? • What does science have to say about the risks and opportunities related to innovation, deployment, financing or public acceptance? • Quite a lot actually.

  3. REINVENT at a glance • Zero emissions – a liberating thought. • REINVENT complements “top-down” with a “bottom-up” perspective to understand climate innovation and initiatives from within sectors. • Will assess the viability, challenges and governance implications of deep decarbonisation pathways in key emissions intensive sectors. • A platform for dialogue and learning so that policies can be better aligned with needs and conditions.

  4. Steel, plastics, paper, meat/dairy • Content

  5. What have we got to work with?

  6. Materials and decarbonisation • Metals, minerals and organic compounds • Mitigation through emissions efficiency: • Carbon Capture and Storage • Biobased feedstock and fuels (biogas, charcoal, wood chips, etc.) • Electricity and hydrogen/hydrocarbons for fuel and feedstock • Few, if any, co-benefits but more expensive (from 30 % for bulk steel to 300 % for plastics) • Potentially large electricity user (e.g., +1500 TWh in EU)

  7. The example of steel industry “This ishowthesteelindustrycanbecome fossil-free“

  8. Industry characteristics and innovation Technology providers Knowledge infrastructure Recycling Value chain product resources basic material Resource extraction Processing Manu-facturing End consumer • Industry structure: capital intensive, investment cycles, scale economies • Innovation strategies: incremental process improvements, some product innovation • Markets: bulk commodities, cyclic, small margins (but some nichés) • Public policy: safety, pollution, efficiency and shelter against disadvantages • Systemic lock-in: incumbents, no markets, no push-pull, CO2-leakage Government

  9. Governance implications • Direction • Roadmaps, strategies, etc. • System innovation • Technology push and market pull, co-evolution of institutions • Deployment • Risk sharing and financing, state-aid rules • International policy coherence • Revisit CBDR, sectoral approaches, trade • Institutional capacity • Responsible agencies, expertise, triple helix

  10. THANK YOU

  11. Join #EUSEW17 www.eusew.eu ‘EU Sustainable Energy Week’ @euenergyweek & #EUSEW17 ‘EU Sustainable Energy Week’

More Related