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IRA Distribution to Hard-to-Abate Commercial Sectors

IRA Distribution to Hard-to-Abate Commercial Sectors

FromClimate Correction™ - A Climate Change Podcast


IRA Distribution to Hard-to-Abate Commercial Sectors

FromClimate Correction™ - A Climate Change Podcast

ratings:
Length:
25 minutes
Released:
Jun 12, 2023
Format:
Podcast episode

Description

In this episode, Charles ‘Chad’ Holliday, former Chairman of Royal Dutch Shell, discusses the seven hardest to abate energy sectors. He shares his insights on the challenges these sectors face and potential solutions to achieve a net-zero carbon future.  Chad starts by talking about the seven hardest-to-abate energy sectors, which include heavy-duty transport, aviation, shipping, cement, steel, chemicals, and long-distance heating and cooling. He explains that these sectors pose a significant challenge due to their heavy reliance on fossil fuels and limited alternatives.  He highlights the need for collaboration between governments, industries, and investors to facilitate the transition to a low-carbon economy. Clear targets and policies must be set to encourage innovation and investment in clean energy technologies.  The discussion then moves on to the role of carbon capture, utilization, and storage (CCUS) in reducing emissions from these sectors. Chad explains that while CCUS has great potential, it is still in the early stages of development, and more research and investment are needed to make it a viable solution.  The former Chairman of Royal Dutch Shell also touches on the success of a global carbon price in other countries to incentivize the shift towards a low-carbon economy. Carbon prices create fair competition among businesses and encourage investment in clean energy technologies.  In conclusion, the speaker underscores the importance of collaboration and innovation in driving the transition to a net-zero carbon future. Despite the significant challenges posed by the hardest-to-abate sectors, a combination of policy, technology, and investment can overcome them.  Links:   https://hollidayresources.com/  https://missionpossiblepartnership.org/ 
Released:
Jun 12, 2023
Format:
Podcast episode

Titles in the series (99)

David S. Vogel is a world-renowned data scientist and predictive modeler. He has won the prestigious KDD Cup several times and the Heritage Health Prize in 2013. His wife, Thais Lopez Vogel, an attorney, manages VoLo Foundation. Together, they are raising six kids. David's research led them to become aware of the devastating economic impact of human reliance on uncapped fossil fuels and other greenhouse gases. They knew they had to do something - for their kids and future generations. VoLo Foundation exists to be the bridge between the science community and everyone else. The Foundation's work accelerates change and global impact by supporting science-based climate change solutions, enhancing education, and improving health. The Foundation hosts an annual series of events over the week of Earth Day. It is called Florida Climate Week. Climate Correction™ - the Keynote event of Florida Climate Week - brings top minds in climate solutions to one stage. Now, their cutting edge research and solutions-focused education are available for streaming all year long on VoLo's Climate Correction Podcast. Podcast Host Shannon Maganiezin is part of VoLo's robust and talented Communications team. She previously hosted GIVE - A Philanthropy Podcast. Learn More https://volofoundation.org/climate-correction-podcast/