Richard G. Newell

Resources for the Future

President & Chief Executive Officer

Dr. Richard G. Newell is the President and Chief Executive Officer of Resources for the Future (RFF), an independent, nonprofit research institution that improves environmental, energy, and natural resource decisions through impartial economic research and policy engagement. He has held senior government appointments as the Administrator of the US Energy Information Administration and as the Senior Economist for energy and environment on the President’s Council of Economic Advisers. Dr. Newell was previously the Gendell Professor of Energy and Environmental Economics at Duke and Director of its Energy Initiative and is now Adjunct Professor. He is a board member or advisor at the National Academy of Sciences, the National Petroleum Council, and several other institutions. He has published widely on the economics of markets and policies for energy and the environment, including issues surrounding climate change and energy innovation. Dr. Newell holds an MPA from Princeton University’s Woodrow Wilson School and a PhD from Harvard University.

SESSIONS WITH Richard G. Newell

Wednesday, 3 March

  • 11:35am - 12:05pm (CST) / 03/mar/2021 05:35 pm - 03/mar/2021 06:05 pm

    Plenary

    The Case for Carbon Removal Technologies

    Panel Power & Renewables Clean Tech Innovation & Technology Energy Transition/Climate & Sustainability

    Some analysts argue that GHG emissions will turn out to have peaked in 2019. However, even if the tipping point has been reached, the rate of emissions reductions is slow and the accumulated concentration of GHG in the atmosphere is already high. It is doubtful that emissions reductions alone will bring the world in line with the ambitions of the Paris Accord. The realization of this sobering fact has led to increased interest in carbon removal technologies, including nature-based solutions; carbon capture, use, and sequestration (CCUS); and direct air capture. But carbon removal faces many challenges, including scale, costs, lack of public support, and issues with measurement, reporting, and verification. How viable is carbon removal technologically? Could it ever become economic? What technology breakthroughs are required? What policy support could accelerate deployment?