Reliable and affordable energy has been a vital tool for increasing economic wellbeing. But combustion of fossil fuels is the primary source of increasing greenhouse gas emissions. We have had some success decarbonizing power generation using increasingly affordable renewables and substituting gas for coal. But progress has been slower in transportation and industry. How, in future, can we sustain economic growth and bring people out of poverty while reducing GHG emissions?
Although the concept of direct air capture is simple, removing a gas that makes up less than 1% of the atmosphere is a major challenge. Interest and activity have accelerated recently, with backing from major investors including venture capital and oil and gas companies. What contribution might direct air capture make by 2050? Which technologies are most promising? Can direct air capture succeed without carbon pricing?
Hear the thoughts of an energy expert, Stanford professor, and the founding Director of the Advanced Research Projects Agency – Energy (ARPA-E) on what it will take to scale energy innovations and the role of public policy in transforming global energy systems.
Interviewed by Atul Arya, SVP and Chief Energy Strategist, IHS Markit.
Public interest, enthusiasm, and belief in an imminent energy transition have reached unprecedented levels. But the gritty realities of the energy transition are far removed from the simplistic story of affordable solar PV and wind power displacing dirty fossil fuels. Which technologies are close to being scalable and commercially viable? Who will provide the investment capital? Should investors require energy companies to accelerate cleantech investments?
Thousands of companies, universities, and cities have announced “Paris-compliant” emissions targets. Oil and gas companies used to concentrate on operational emissions (Scope 1) and resist setting goals for emissions relating to the use of their products (Scope 3). But this is changing. How do you define net-zero? Can Scope 3 emissions be meaningfully measured and managed? Whose responsibility are these emissions anyway?
Carbon Capture, Use, and Storage (CCUS) offers the hope of earning revenue to offset at least some of the cost of carbon capture. If countries start pricing carbon emissions, this could create major commercial opportunities for innovative technologies for carbon use. Which technologies can use carbon at the huge scale required, and are they economic?
Dr. Fatih Birol, Executive Director, International Energy Agency, returns to the Agora for a deep discussion of the challenge of increasing energy access while limiting greenhouse gas emissions. Have emissions peaked? How important are oil and gas companies in researching and developing alternative technologies? What leadership role will the IEA show in energy and climate? Interviewed by Atul Arya, SVP and Chief Energy Strategist, IHS Markit.
There has been significant drop in oil/gas upstream investments since 2014. Although cost have continued to fall, yet there is concern about future supply gaps emerging. At the same time, numerous forecasts are predicting plateauing of oil demand although there is a wide range in terms of the time when this will happen. Many investors are pushing for faster move out of fossil fuels—resulting in some financial companies slowing/stopping oil/gas investments even though there are no economic substitutes for oil in many sectors such as heavy-duty transportation and petrochemicals. What is the case to continue to invest in oil/gas? Is there still need to explore for more oil and gas? What will be the future costs and emission footprint to ensure profitability and reduce risks of stranded assets?
There is growing consensus that renewables alone cannot address every emissions challenge. Technologies to remove carbon dioxide from the atmosphere could potentially reverse the trend of growing GHG concentrations. What are these technologies? How scalable are they? How close are they to commercial deployment? What is the cost and energy balance?
Join Ernest Moniz, President and CEO, Energy Futures Initiative, one of the most influential global thinkers for a broad ranging insight on the energy future. What are the most promising pathways for energy transition? How can we overcome the barriers and accelerate the development and deployment of technology? Interviewed by Atul Arya, IHS Markit Chief energy Strategist.
Join Dr. Pratima Rangarajan, Chief Executive Officer of OGCI Climate Investments, interviewed by Atul Arya, Senior Vice President and Chief Energy Strategist, IHS Markit.
Join visionary energy leader Lord Browne and historian and biographer Walter Isaacson as they discuss innovation and innovators. What lessons can we learn from history? Introduced by Atul Arya, SVP and Chief Energy Strategist, IHS Markit.
Global thought leader and Senior Strategist and Space Cowboy at Alphabet’s X Labs, Andy Karsner will share his insights from the “Moonshot Factory” on future pathways for energy innovation and technology, entrepreneurship, economic competitiveness, and environmental sustainability. Mr. Karsner brings remarkable experiences as entrepreneur, investor, energy regulator, and mentor. He helped develop and finance innovative start-ups ranging from Telsa to NEXT to technologies as far ranging as biofuels, LED lighting, utility-scale wind and, at present, AI. What are the most promising technology pathways on the horizon that can change the game for the energy future? Interviewed by Atul Arya, IHS Markit Chief Energy Strategist.
Major emitters, such as utilities using coal and gas and heavy industries, require technologies that can enable longer-term use of fossil fuels while capturing and storing CO2 emissions. CCS and CCUS technologies have been around for decades; however, deployment is still in early days. In December 2019, US National Petroleum Council (NPC) completed a major study “Meeting the Dual Challenge, A Roadmap to At-Scale Deployment of Carbon Capture, Use, and Storage.” This study outlined a roadmap along with a set of recommendations to the US policy makers to significantly accelerate development and deployment of CCUS technologies. This panel will use the NPC study as the context to discuss the state of CCUS and the outlook not only in the United States but around the globe.
Imagine renting out your couch to a stranger, climbing into the car of a driver you don’t know, or buying luggage with digital money not controlled by any government. These ideas were once considered crazy. Now they are the basis of some of the most powerful technology companies and trends. These ideas were not obvious. They were not intuitive. Now they are commonplace. Blockbuster, Kodak, Nokia, Barnes & Noble—all massive companies that controlled their industries, but they laughed in the face of disruption. Meetings happen every day that will guide a firm to be a catalyst or a casualty of change. Those who are willing to disrupt themselves before being disrupted by others have the greatest chance for success. But they must embrace transformative change and people with seemingly outlandish ideas and direction.