Averting the worst impacts of climate change requires rapidly reducing carbon emissions across all sectors. This is particularly challenging for some so-called “hard-to-abate” sectors like cement and steel manufacturing. Carbon management – which includes carbon transport; carbon utilization and storage; direct air capture; and point source carbon capture – seeks to trap or remove carbon emissions where they can’t be easily avoided.
Recent policies like the Inflation Reduction Act have given these technologies a boost. But major questions remain regarding their feasibility, cost, and scalability. As the climate crisis unfolds, these questions urgently need answers.
What is the role for carbon management in the energy transition? Who should be responsible for deploying these technologies? And can they be scaled quickly enough to play a role in meeting the world’s climate goals?
This week host Jason Bordoff talks with Dr. Julio Friedmann about the basics of carbon management and the regulatory landscape for this sector.
Julio is the chief scientist at Carbon Direct, a consulting and investment firm focused on carbon management and carbon removal solutions. He served as principal deputy assistant secretary for the Department of Energy from 2013 to 2016, where he was responsible for the Department’s research and development program across a variety of energy technologies. Until recently, Julio was a senior research scholar at Columbia University’s Center on Global Energy Policy.
For more than three decades, the UN’s Intergovernmental Panel on Climate Change has prepared comprehensive scientific assessments about the drivers and risks of climate change.
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